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Based on the following data, will Ann and Carl Wilton receive a federal tax refund or owe additional taxes in 2016? (Input the amount as
Based on the following data, will Ann and Carl Wilton receive a federal tax refund or owe additional taxes in 2016? (Input the amount as a positive value. Round your intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.) Taxable Income $0-$45,282 $45,282-$90,563 $90,563-$140,388 $140,388-$200,000 Tax Rate 15% 20.5% 26% 29% $ 49,690 $ 11,510 $ 6,919 Net income Deductions to determine net income Federal income tax withheld Total non-refundable tax credit amounts, excluding medical expenses Medical expenses $ 10, 289 $ 2,600
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