Jack and Pegay are married, file jointly, and have one dependent (12-year old qualifying child). Jack receives a $88,000 salary. Pegay is self-employed. Her sole proprietorship's revenues are $111,000, and its expenses are $45,000. Jack and Pegay each make a $6.000 deductble contribution to a traditional IRA Their itemized doductions are $30,000. Federal income taxes of $6,600 are withheld from Jack's paychecks, and Peggy makes $3,400 of estimated tax payments Click the icon to view the standard deduction and child credit amounts) (Click the icon to view the 2020 tax rate schedule for the Marriod filing jointly filing status Reference Read the requirement X Reutements Determine the actional tax de refund when Jade and Pegorie ther2020 ncome tax retum ignore any womployment tax Married, Fling Joint and Surviving Spouse The tax is: Not over $19.750 10% of cable income Over $19.750 but not over $80,250 ..... 51,975.00 +12% of the excess over $19.750 Over $80.250 but not over $171,050 50.235.00 +22% of the cover $80.250 Over 5171,050 but not over $325,000 529.211.00 +245 of the excess over $171.050, Over $326.600 but not over 5414.700 556,503.00 +2 of the Over 200 Over $414.700 but not over $122.050 .. 5,735.00+ 35% of the excess over $414.700 Over $622.050 5167307 50 37 of the cover 622050 Done Choose to be the routes and then continue to the Pin Done