MAKE A 1040 RETURN STAGE: Pedro Taxpayer (SS 213-89-9876) (Date of birth 01/01/1965) is married to Margie Taxpayer (SS 324-99-0090) (Date of birth 02/02/1963). They reside in: 4549 Lone Oak Ave Eagan, MN 55632 Salaries: -Pedro. Margie. Dependents: $45,000. 42,000. Tax withheld.. tax withheld.. 2,815 2,019 -Jimmie (SS 123-25-9631) (born 03/03/2001)-university student -Cristina (SS 326-25-5698) (born 05/06/2003)-university student -Julie (SS 256-25-8964) (born 05/05/2010)-student OTHER INFORMATION: Received 1,350 interest from the Good Bank. -Margie paid $950 in interest on her student loan that she is still paying off. -Pedro received $1,000 in ordinary dividends -Pedro received income from Social Security for $12,000 of which 85% is exempt from contributions. INSTRUCTIONS 1. Determine the Gross Income 2. Determine the Adjusted Gross Income 3. Determine the Standard Deduction 4. Determine Taxable Income 5. Calculate the Tax Liability 6. Determine the Tax Refund or Owe