The Mandalorians filed jointly in 2020. Their AGI is $120,000. They reported a $1,000 qualified business income deduction and $26,000 of itemized deductions. They had $18,950 withheld for federal withholding by their employers. They also have two dependent qualifying children under age 17. What is their tax due or refund on their 2020 tax return?

Answer rating: 100% (QA)

Answer AGI 120000 Less Qualified business incom... View the full answer