Based on the following data, would Beth and Roger Simmons receive a refund or owe additional taxes?
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Based on the following data, would Beth and Roger Simmons receive a refund or owe additional taxes?
Adjusted gross income, $42,140 Itemized deductions, $12,240
Credit for child and dependent care expenses, $400 Federal income tax withheld, $6,686
Amount for personal exemptions, $11,850 Tax rate on taxable income, 10 percent
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Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
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