9
QuizMultiple Choice

Paying Taxes — Quiz

Question 9 • Personal Finance

At tax season, an individual who has withheld too little in taxes can expect

Answer
A
additional withholdings.
B
prosecution by the IRS.
C
a heavy refund.
D
a large tax bill.

Explanation

If too little tax was withheld from an individual’s paychecks, the payments made during the year may not cover the taxes owed. The individual can expect a large tax bill when filing, so the correct choice is “a large tax bill.”

AI-written and checked against the verified answer.

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