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8. Nick and Emma had the following income and deductions during 2021: Salaries $110,000 Interest income 10,000 Itemized deductions 26,000 Taxes withheld during year 12,000

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8. Nick and Emma had the following income and deductions during 2021: Salaries $110,000 Interest income 10,000 Itemized deductions 26,000 Taxes withheld during year 12,000 Calculate Nick and Emma's tax liability due or refund. They file a joint tax return. What is their refund or tax amount owed? . Taxes due, $12,177. Tax refund, $12,177 Taxes due, $177 Tax refund, $177

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