Question: Problem 4-6 Determining a Refund or Taxes Owed (L04-2] Based on the following data, would Ann and Carl Wilton receive a refund or owe additional
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Problem 4-6 Determining a Refund or Taxes Owed (L04-2] Based on the following data, would Ann and Carl Wilton receive a refund or owe additional taxes? (Input the amount as a positive value. Round your intermediate calculations and final answer to the nearest whole number.) Tax Information Adjusted gross income Standard deduction Child care tax credit Federal income tax withheld Tax rate on taxable income $ 47,390 $ 24,000 $ 100 $ 2,050 10 percent Refund $ 2,050
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