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perver will savings certificate b. Based on the following data, will Ann and Carl Wilton receive a federal tax refund or owe additional taxes

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perver will savings certificate b. Based on the following data, will Ann and Carl Wilton receive a federal tax refund or owe additional taxes in 2014? Taxable Income $0-$43,953 Tax Rate 15% $43,954 $87,907 22% $87,908-$136,270 26% Over $136,270 29% Net income Deductions to determine net income Federal income tax withheld Total non-refundable tax credit amounts, excluding medical expenses Medical expenses * $49,650 $ 11,780 $ 6,874 $10,289) $ 2,500

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