What are the taxes owed return of 7200?

To determine the taxes owed on a return of $7,200, one would need to know the applicable tax rate based on the individual's income bracket and any deductions or credits that might apply. For example, if the taxable income falls within the 10% bracket, the taxes owed would be approximately $720. However, if there are deductions or credits, the final tax liability could be lower. It's essential to consult the current tax tables or a tax professional for precise calculations.