Based on the following data, would Ann and Carl Wilton receive a refund or owe additional taxes?
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Based on the following data, would Ann and Carl Wilton receive a refund or owe additional taxes?
Adjusted gross income,...........................................$66,686
Itemized deductions,...............................................$14,900
Child care tax credit,.....................................................$100
Federal income tax withheld,...................................$5,490
Amount for personal exemptions,........................$12,150
Tax rate on taxable income,..............................15 percent
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Related Book For
Personal Finance
ISBN: 978-1259720680
12th edition
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
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