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[The following information applies to the questions displayed below.] John and Sandy Ferguson got married eight years ago and have a seven-year old daughter Samantha.

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[The following information applies to the questions displayed below.]John and Sandy Ferguson got married eight years ago and have a seven-year old daughter Samantha. In 2016, John worked as a computer technician at a local university earning a salary of $55,000, and Sandy worked part-time as a receptionist for a law firm earning a salary of $22,000. John also does some Web design work on the side and reported revenues of $5,000 and associated expenses of $1,000. The Fergusons received $1,200 in qualified dividends and a $300 refund of their state income taxes. The Fergusons always itemize their deductions and their itemized deductions were well over the standard deduction amount last year.Use Tax Rate Schedule for reference.

The Fergusons reported making the following payments during the year:

?State income taxes of $4,800. Federal tax withholding of $5,200.?Alimony payments to John?s former wife of $12,000.?Child support payments for John?s child with his former wife of $6,700.?$3,300 of real property taxes.?Sandy was reimbursed $750 for employee business expenses she incurred. She was required to provide documentation for her expenses to her employer.

?$3,100 to Kid Care day care center for Samantha?s care while John and Sandy worked.?$13,000 interest on their home mortgage.?$3,500 interest on a $40,000 home-equity loan. They used the loan to pay for family vacation and new car.

?$7,300 cash charitable contributions to qualified charities.?Donation of used furniture to Goodwill. The furniture had a fair market value of $500 and cost $2,500.

a.

What is the Fergusons? 2016federal income taxes payable or refund, including any self-employment tax and AMT, if applicable?(Round your answers to the nearest whole number.Enter refund as a positive number.Omit the"$" sign in your response.)

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a. What is the Fergusons' 2016 federal income taxes payable or refund, including any self-employment tax and AMT, if applicable? (Round your answers to the nearest whole number. Enter refund as a positive number. Omit the"$" sign in your response.) Gross Income Deductions for AGI ' djusted Gross Income Personal & Dependency Exemptions Federal Income Tax Self-Employment Tax ' Iternative Minimum Tax Tax Refund v Total Itemized Deductions Taxable Income _ Total Taxes Tax Credits Tax Withholding ll

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