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Point 1: Ezequiel Holz is a 30 year old man that lives in Peoria, IL. He works as a Business Manager for the local Tax office. His annual salary includes his base income of $49,000 and an incentive bonus of $6,000 if the office meets all its goals. For this past year, Mr. Holz received all of the incentive bonus. You have no other information available.
Problem 1: What is the tax liability for Mr. Holz?
Problem 2: Assuming that his company withheld $10,000 for taxes, does he owe money to the IRS or not?
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