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4. Determining a Refund or Taxes Owed. Based on the following data, will Ann and Carl Wilton receive a fed- eral tax refund or owe

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4. Determining a Refund or Taxes Owed. Based on the following data, will Ann and Carl Wilton receive a fed- eral tax refund or owe additional taxes in 2016? LO2 Net income, $48,190 Deductions to determine net income, $11,420 Federal income tax withheld, $6,784 Total non-refundable tax credit amounts, excluding medical expenses, $10,244 Medical expenses, $2,300

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