a. Find the amount of federal income tax he must pay.
b. If Marcus paid in each of his 12 paychecks for the year, does he still owe money or does he receive
a refund?
no refund and no further payment needed
receives a refund
still owes money
c. Find the amount he still owes or the amount of refund.

To find the federal income tax Marcus must pay, we’d typically first need to know his total income, filing status, and applicable deductions. The federal income tax system is progressive, meaning that as your taxable income increases, so does your tax rate. You can refer to the IRS tax brackets for the current year to calculate the specific amount.

Now, for the second part, if Marcus paid in each of his 12 paychecks, he contributed a total of throughout the year. Depending on the amount of tax calculated in part (a), if this amount exceeds his total tax due, he may receive a refund; if it’s less, he will owe additional taxes. So, you’ll need to compare this total with the calculated tax to answer that part correctly.