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Andy and Sally are married and under 50.They have no dependents. Sally's salary (Federal withholding $3,000)60,000 Andy's salary (Federal withholding $3,000)45,000 City of Dallas bonds1,500

Andy and Sally are married and under 50.They have no dependents.

Sally's salary (Federal withholding $3,000)60,000

Andy's salary (Federal withholding $3,000)45,000

City of Dallas bonds1,500

Chase Bank Interest3,000

Qualifying Ford stock dividends5,000

Take a standard deduction, deduct their personal exemptions, and compute their tax and the tax refund or balance due.

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