Cooper is a single dad with 1 child and his TOTAL tax liability for the current tax year is $2,100.His EIC amount is $3,094 and he had no withholdings during the year.What amount of tax refund or tax owed would be on Cooper's tax return?

A) $0.
B) $994 tax refund.
C) $2,100 tax owed.
D) $3,094 tax refund.

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Zybrea Knight · Accepted Answer

Final Answer : B, Explanation :  Since Cooper's Earned Income Credit (EIC) of $3,094 is more than his total tax liability of $2,100, and he had no withholdings, he would receive the difference as a refund. Subtracting his tax liability from his EIC ($3,094 - $2,100) equals $994, which is the amount of his tax refund.

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