What is the amount of louise tax refund

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Reference no: EM132879116

Louise has a tax liability before any tax credits and payments of $500. Lois has the following tax credits and payments available:

1) A nonrefundable credit: $750

2) A refundable credit: $500

3) Income taxes withheld form wages: $1,500

Problem 1: What is the amount of Louise's tax refund?

Reference no: EM132879116

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