Question 6 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
Last year, Nevan’s gross pay was 45 dollars comma 150 The federal income tax percent that was withheld from his gross pay was 16 percent The amount of money that Nevan actually owes the government after deductions is 6 dollars comma 150 Which of the following is true?
Answer
A
Nevan will receive a refund of 1 dollars comma 074 .
B
Nevan will receive a refund of 984 dollars .
C
Nevan owes an additional 1 dollars comma 074 in federal tax.
D
Nevan owes an additional 984 dollars in federal tax.