Question: Based on the following data, will Ann and Carl Wilton receive a federal tax refund or owe additional taxes in 2016? (Input the amount as

Based on the following data, will Ann and Carl Wilton receive a federal tax refund or owe additional taxes in 2016? (Input the amount as a positive value. Round your intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.) Taxable Income $0-$45, 282 $45, 282-$90,563 $90,563-$140, 388 $140,388-$200,000 Tax Rate 15% 20.5% 26% 29% Net income Deductions to determine net income Federal income tax withheld Total non-refundable tax credit amounts, excluding medical expenses Medical expenses $50,790 $ 11,600 $ 7,054 $10,334 $ 2,900 Refund 3,160.60
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