Using the results from prevous question, assume Alex and his…
Using the results from prevous question, assume Alex and his wife had $35,000 withheld from their paychecks for federal income taxes during the year. Their calculated 2025 federal income tax liability (from Question 3) is $29,334. Based on this information, what is their refund or amount owed? A. They receive a refund of $5,666B. They owe $5,666C. They receive a refund of $35,000D. They owe $29,334