Xavier and his wife Maria have total W-2 income of $91,188. They will file their tax return as married filing jointly. They had a total of $8,035 withheld from their paychecks for federal income tax. Determine the amount of refund or additional tax due upon filing their tax return. Note: Input your answer as a positive number. Use the appropriate Tax Tables. Amount of refund

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter14: Property Transact Ions: Capital Gains And Losses, § 1231, And Recapture Provisions
Section: Chapter Questions
Problem 3BCRQ
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Xavier and his wife Maria have total W-2 income of $91,188. They will file their tax return as married filing jointly. They had a
total of $8,035 withheld from their paychecks for federal income tax. Determine the amount of refund or additional tax due
upon filing their tax return.
Note: Input your answer as a positive number.
Use the appropriate Tax Tables.
Amount of refund
Transcribed Image Text:Xavier and his wife Maria have total W-2 income of $91,188. They will file their tax return as married filing jointly. They had a total of $8,035 withheld from their paychecks for federal income tax. Determine the amount of refund or additional tax due upon filing their tax return. Note: Input your answer as a positive number. Use the appropriate Tax Tables. Amount of refund
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