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Ali and Dave are married and file a joint tax return. They have four dependent daughers: Marie (age 17), Margaret (age 16), McKenzie (age 14),

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Ali and Dave are married and file a joint tax return. They have four dependent daughers: Marie (age 17), Margaret (age 16), McKenzie (age 14), and Molly (age 2). In 2020, Ali's salary is $80,000 and Dave's salary is $395,000, and they receive $23,600 of other income, none of which is investment income. In total, their employers withheld $113,800 of federal income tax, and their itemized deductions total $29,800. In addition, they paid $3,100 for day care for Molly. Determine Ali and Dave's federal income tax refund or tax due. (Round computations to the nearest dollare and ignore AMT.) Ali's salary Dave's salary Other income Gross income/AGI 80,000 395,000 23,600 498,600

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