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I just dont know how to calculate the amount refunded Consider on the following data. The standard deduction for a married couple is $12,700. Adjusted

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I just dont know how to calculate the amount refunded

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Consider on the following data. The standard deduction for a married couple is $12,700. Adjusted gross income $56,240 Itemized deductions $ 12,010 Credit for child and dependent care expenses $ 760 Federal income tax withheld 5 7,311 Amount for personal exemptions $ 12,150 Tax rate on taxable income 15 percent no not round any intermediate calculations. Enter the amount as a positive value rounded to 2 decimal places.)

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