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Mr. and Mrs. Volcano file a joint return for tax purposes. Their total income for the year is $104,730. They have deductions for agi =
- Mr. and Mrs. Volcano file a joint return for tax purposes. Their total income for the year is $104,730.
- They have deductions for agi = $4,443.
- Their itemized deductions totaled $26,070
- The total withholdings for the year amounted to $15,000
Required:
- What is their tax due or tax refund?
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South Western Federal Taxation 2015
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
38th Edition
978-1305310810, 1305310810, 978-1285439631
