Answer: $1652.36
Step-by-step explanation:
Dylan's taxable inome is $132,988.
The first $16,050 is taxed at 10%
= 10% of $16050
= 10/100 × 16050
= 0.1 × 16050
= $1605
with the remainder of Dylan's income was taxed at 28%.
Remainder of Dylan's income= $132988 - $16050
= $116938
28% of $116938
= 28/100 × 116938
= 0.28 × 116938
= $32742.64
Total taxes= $32742.64 + $1605
= $34347.64
Since Dylan's employer already took out $36,000 and he's meant to pay $34347.64, he'll have a refund of:
$36000 - $34347.64 = $1652.36
