Based on the following data, would Ann and Carl Wilton receive a refund or owe additional taxes? (Input the amount as...
casgomBased 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 dollar amount. Omit the "$" sign in your response.) |
| Adjusted gross income | $ | 46,686 | |
| Itemized deductions | $ | 11,420 | |
| Child care tax credit | $ | 80 | |
| Federal income tax withheld | $ | 4,784 | |
| Amount for personal exemptions | $ | 7,300 | |
| Tax rate on taxable income | 15 | percent | |
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