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Iron Man and Pepper earned $690,000 in salaries and $25,000 in interest income during the year. They had a $21,000 of qualified dividends and
Iron Man and Pepper earned $690,000 in salaries and $25,000 in interest income during the year. They had a $21,000 of qualified dividends and a long-term capital gain of $36,000. They had $40,295 in itemized deductions. Their employers withheld $139,000 of federal taxes from their paychecks, and they have no dependents. Use the 2022 tax rate schedules to determine Iron Man and Pepper's taxes due or refund. Tax Due or Refund (label which it is)
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