Julia’s gross pay was $4,500 last year. The federal income tax withholding from her pay was 13% of her gross pay. Julia determined the federal income tax she owes is $495. How much of a refund can Julia expect?

Respuesta :

$4,500 Gross Pay
13% Federal Income Tax is $585
$585-$495=$90 is her refund


Answer: Julia can expect $90 as a refund amount .

Step-by-step explanation:

Since we have given that

Gross pay of Julia = $4500

Rate of federal income tax withholding from her pay = 13%

After federal income tax , the amount becomes

[tex]\frac{13}{100}\times 4500=\$585[/tex]

After he determined the federal income tax she owes = $495

So,  Amount of refund Julia can expect will be given as

[tex]\$585-\$495=\$90[/tex]

Hence, Julia can expect $90 as a refund amount .