Question: Saved Problem 4-6 Determining a Refund or Taxes Owed [LO4-2] Based on the following data, would Ann and Carl Wilton receive a refund or owe
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Saved Problem 4-6 Determining a Refund or Taxes Owed [LO4-2] 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 $ 47, 310 Standard deduction $ 24, 000 Child care tax credit $ 100 Federal income tax withheld $ 2,080 Tax rate on taxable income 10 percent
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