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Mr. and Mrs. Kigalis AGI (earned income) was $14,110. Their federal income tax withholding was $840. They had no itemized deductions and two dependent children,
Mr. and Mrs. Kigalis AGI (earned income) was $14,110. Their federal income tax withholding was $840. They had no itemized deductions and two dependent children, ages 18 and 19.
Required: If Mr. and Mrs. Kigali are entitled to a $4,746 earned income credit, compute their income tax refund. Assume the taxable year is 2021. Use Standard Deduction Table.
Married filing jointly and surviving spouses | $25,100 |
---|---|
Married filing separately | 12,550 |
Head of household | 18,800 |
Single | 12,550 |
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