2013 TAX LIABILITY CALCULATOR
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An individual experienced advised me that line 35 demonstrates one’s tax legal responsibility and if it exhibits zero there, then there is zero tax legal responsibility? Is this correct. Also by the time I finished the tax with holdings calculator on irs.gov, it showed taxes to be payed this coming year will be zero, is this also zerot ax liability?
Answer by Max Hoopla
Line 35 demonstrates the volume of tax you owe with no thinking about any withholding tax compensated or refundable credits you are thanks. That amount can be zero.