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Eddie and Krysten married on January 1, 2020 and had their baby, Eddie Jr. on December 31, 2020. Eddie and Krysten earned $102,195 in salary
Eddie and Krysten married on January 1, 2020 and had their baby, Eddie Jr. on December 31, 2020. Eddie and Krysten earned $102,195 in salary during 2020, plus $4,895 in interest income on taxable bonds. Their itemized deductions totaled $18,234. Their employers withheld $9,080 from their paychecks during the year. How much of a refund or tax is due with their federal income tax return for the year?
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$400 tax due
$1,396 refund
$604 tax due
$1,600 refund
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