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3. Andy and Sally are married and under 50.They have no dependents. Sally's salary (Federal withholding $3,000)60,000 Andy's salary (Federal withholding $3,000)45,000 City of Dallas
3. Andy and Sally are married and under 50.They have no dependents.
Sally's salary (Federal withholding $3,000)60,000
Andy's salary (Federal withholding $3,000)45,000
City of Dallas bonds1,500
Chase Bank Interest3,000
Qualifying Ford stock dividends5,000
Take a standard deduction, and compute their tax and the tax refund or balance due. Use 2019 tax law.
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