Xavier and his wife Maria have total W-2 income of $91,138. They will file their tax return as married filing jointly. They had a total of $8,004 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. Answer is complete but not entirely correct. Additional tax due $3,455
Xavier and his wife Maria have total W-2 income of $91,138. They will file their tax return as married filing jointly. They had a total of $8,004 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. Answer is complete but not entirely correct. Additional tax due $3,455
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Xavier and his wife Maria have total W-2 income of $91,138. They will file their tax return as married filing jointly. They had a total of
$8,004 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.
Answer is complete but not entirely correct.
Additional tax due
$3,455
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