Question
Assume 2018 tax year 39. Ryan and Reena are a married couple with no children. They provide total support for Reenas father, Rudy, and they
Assume 2018 tax year
39. Ryan and Reena are a married couple with no children. They provide total support for Reenas father, Rudy, and they also paid $4,000 in daycare for Rudy (who has limited cognitive abilities) so they could work. Income: $54,000 W-2 for Ryan, $44,000 W-2 for Reena, $20,000 inheritance received and $2,000 bank interest. For-AGI deductions total $11,000 and the following was also spent: $10,675 on medical, $14,000 mortgage interest, $4,000 property taxes, $4,000 state tax withholdings, $9,000 federal tax withholding and $1,000 charity. How much refund or amount due?
a. $2,541 refund
b. $580 due
c. $1,412 due
d. $1,612 due
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