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Use 2020 tax law. Ignore March 2021 legislation. Using 2020 instructions . Take a standard deduction, and compute their tax and the tax refund or

Use 2020 tax law. Ignore March 2021 legislation. Using 2020 instructions.

Take a standard deduction, and compute their tax and the tax refund or balance due. Please note that due to the qualifying dividends the answer to this question is different than the last question.

.

Andy and Sally are married and under 50. They have no dependents.

Sallys salary (Federal withholding $3,000) 60,000

Andys salary (Federal withholding $3,000) 45,000

City of Dallas municipal bonds 1,500

Chase Bank Interest 3,000

Qualifying Ford stock dividends 5,000

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