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Compute the tax refund or balance due from the following information: Income Income Bracket $0-$9,950 $9,951-$40,525 $40,526-$86,375 $86,376-$164,925 $64,500 Standard Deduction $12,550 Tax Withheld

Compute the tax refund or balance due from the following information: Income Income Bracket $0-$9,950 $9,951-$40,525 $40,526-$86,375 $86,376-$164,925 $64,500 Standard Deduction $12,550 Tax Withheld $14,500 Marginal Tax Rate 10% 12% 22% 24%

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