andy and marcua 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, and the mortgage is not over 75,000. they are each provided health insurance by their employer. the Dividends are not qualified and are taxable as ordinary income. from the following information computer tax owed or refund due for 2021

CCH Federal Taxation-Comprehensive Topics orbit 47. Comprehensive Problem. Andy and Marcia Tufts, both age 35, are married with two 000 children and file a joint return. Assume the children do not qualify for the child tax su 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 5,000 2,000 000.0 Andy's salary la Federal income tax withheld on Marcia's salary DOOD Federal income tax withheld e ad Andy's contribution to an IRA (assure IRA 1.000.013 is deductible for AGI) 000.0 Nonqualified dividends received school Medical expenses for doctors and hospitals Health insurance reimbursement Prescription drugs and medicines Eyeglasses for one of the children ERO Interest on home mortgage Plan 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 5,800 175 12,800 BOL 300 6,300 5,800 125 480