47. Comprehensive Problem. Andy and Marciaba Tufts, both age 35, are married with two children and file a joint return. Assume the children do not qualify for the child tax credit (Ch.9), and the mortgage is not over $750,000. They are each provided health insurance by their employer. The dividends are not qualified and are taxable as ordinary income. From the following information, compute their tax owed or refund due for 2021. $50,000 4,000 42,000 40 DO bis 5,000 2,000 2000 Andy's salary Federal income tax withheld Marcia's salary al su Federal income tax withheld Andy's contribution to an IRA (assume IRA 127 is deductible for AGI) 000.0 Nonqualified dividends received no Medical expenses for doctors and hospitals Health insurance reimbursement Prescription drugs and medicines Eyeglasses for one of the children Interest on home mortgage bo Interest on credit cards Real property taxes on residence State income taxes Fee for preparation of tax returns Union dues and subscriptions 950 13,200 6,000 5,800 ab 5 175 12,800 300 6,300 5,800 125 480