Question: Problem 14-35 (Static) (LO 14-9) Mr. and Mrs. Brown report taxable income of $130,000 in 2021. In addition, they report the following: Excess Social Security

Problem 14-35 (Static) (LO 14-9) Mr. and Mrs. Brown report taxable

Problem 14-35 (Static) (LO 14-9) Mr. and Mrs. Brown report taxable income of $130,000 in 2021. In addition, they report the following: Excess Social Security Withholding Credit Estimate tax payments Withholding $ 2,200 4,000 14,200 Required: Compute the amount due or refund claimed when Mr. and Mrs. Brown jointly file their 2021 Federal Income Tax Return. Use individual Tax Rate Schedules

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