last year, nevans gross pay was $45,150. the federal income - tax percent that was withheld from his gross…

last year, nevans gross pay was $45,150. the federal income - tax percent that was withheld from his gross pay was 16%. the amount of money that nevan actually owes the government after deductions is $6,150. which of the following is true?\no nevan owes an additional $984 in federal tax.\no nevan owes an additional $1,074 in federal tax.\no nevan will receive a refund of $984.\no nevan will receive a refund of $1,074.

last year, nevans gross pay was $45,150. the federal income - tax percent that was withheld from his gross pay was 16%. the amount of money that nevan actually owes the government after deductions is $6,150. which of the following is true?\no nevan owes an additional $984 in federal tax.\no nevan owes an additional $1,074 in federal tax.\no nevan will receive a refund of $984.\no nevan will receive a refund of $1,074.

Answer

Explanation:

Step1: Calculate the amount of tax withheld

The tax - withheld is 16% of the gross pay. The gross pay is $45,150. So the amount of tax withheld is $45150\times0.16$. $45150\times0.16 = 7224$

Step2: Determine the difference between the tax withheld and the tax owed

The amount of tax owed is $6150$. We subtract the tax owed from the tax withheld to find out if there is a refund or an additional amount owed. $7224−6150 = 1074$ Since the tax withheld is more than the tax owed, Nevan will receive a refund.

Answer:

Nevan will receive a refund of $1,074.