Advanced Placement (AP), 26.01.2021 19:10 shanua
Marquis earns $2,000 as a cashier at a fast food
restaurant during his senior year of high school. He lives
with his parents and they will claim him as a dependent
on their taxes this year. Based on how he completed his
W-4, his employer withhold $200 in federal income taxes
from his paychecks. What will happen if Marquis doesn't
file taxes in April?
The IRS will refund $200 directly to him.
The IRS will refund his $200 to his parents.
Nothing will happen, but Marquis will miss out on his
potential refund.
The IRS will fine Marquis $75 or more for not filing taxes.
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Marquis earns $2,000 as a cashier at a fast food
restaurant during his senior year of high school....
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