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Calculate the 2016 Federal Income Tax due hapter 4 Personal and Dependency Exemptions Filing Stotus; Etc. biologist, are married and file a joint income tax

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hapter 4 Personal and Dependency Exemptions Filing Stotus; Etc. biologist, are married and file a joint income tax return for 2016. Neerlan nor Mary is over 50 years old, and both have excellent sight. They provide the sole support of their three children: Barry, Kimberly, and Rachel (all under age 17). T following information is from their records for 2016: 4-56 Form 1040. William A. Gregg, a high school educator, and Mary W. Gregg, a micro $34,550 $2,320 44,800 4,360 Salaries and wages, William... Federal income tax withheld Salaries and wages, Mary. Federal income tax withheld . . . . . . .. Interest income-Home Savings and Loan Interest income-City Bank. : Tax-exempt interest income-State of Texas. Itemized deductions as follows 690 220 1,400 320 740 310 1,350 2,440 Unreimbursed fees of doctors, hospitals, etc. . 720 Interest paid on original home mortgage..... . 8,430 1,720 Charitable contribution-Faith Church Charitable contribution-State University.. Quarterly estimated federal taxes paid . 200 3,500 Calculate the 2016 Federal income tax and the tax due (or refund) for the Greggs assuming they file a joint return. Form 1040, along with Schedules A and B, may be

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