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Business, 03.07.2020 18:01 joejonaslover7476
This year Luke has calculated his gross tax liability at $1,800. Luke is entitled to a $2,400 nonrefundable personal tax credit, a $1,500 business tax credit, and a $600 refundable personal tax credit. In addition, Luke has had $2,300 of income taxes withheld from his salary.
Required:
What is Luke's net tax due or refund?
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This year Luke has calculated his gross tax liability at $1,800. Luke is entitled to a $2,400 nonref...
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