Question
Mr. and Mrs. Ks AGI (earned income) was $13,610. Their federal income tax withholding was $790. They had no itemized deductions and two dependent children,
Mr. and Mrs. Ks AGI (earned income) was $13,610. Their federal income tax withholding was $790. They had no itemized deductions and two dependent children, ages 18 and 19. If Mr. and Mrs. K are entitled to a $4,756 earned income credit, compute their income tax refund. Assume the taxable year is 2017. Use Standard Deduction Table.
| Married Filing Jointly and surving spouses | $12,700 |
| Married Filing Seperately | 6,350 |
| Head of Household | 9,350 |
| Single | 6,350 |
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Auditing & Assurance Services
Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau
8th Edition
978-1260703733, 1260703738
