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Choe and Matt have 2 dependent children and earn a gross biweekly salary of $5198. They will also make the following tax-deductible purchases Medical expenses: $9673 Educational expenses: $7265 When they file their taxes jointly, what will their tax refund be? Use the following informatio Standard deduction for married couples: $24,000 Biweekly allowance: $159.60 per person Married Individuals Filing Joint Returns and Surviving Spouses If Taxable Income Is Between: 0 $19,050 $19,051 $77,400 $77,401 $165,000 $165,001 $315,000 $315,001-$400,000 $400,001 $600,000 $600,001 + The Tax Due Is: 10% of taxable income $1,905 + 12% of the amount over $19,050 $8,907 + 22% of the amount over $77,400 $28,179 + 24% of the amount over $165,000 $64,179 + 32% of the amount over $315,000 $91,379 + 35% of the amount over $400,000 $161,379 + 37% of the amount over $600,000 Taxable Wages Wages Withholding S0 - $444 $444 - $1,177 $1,177 - $3,421 $3,421 - $6,790 $6,790 - $12,560 $12,560 - $15,829 $15,829 - $23,521 $23,521 or more $0.00 $0.00 plus 10% of amount exceeding $444 $36.70 plus 12% of amount exceeding $1,177 $171.34 plus 22% of amount exceeding $3,421 $541.82 plus 24% of amount exceeding $6,790 $1,234.22 plus 32% of amount exceeding $12,560 $1,757.42 plus 35% of amount exceeding $15,829 $5,795.72 plus 37% of amount exceeding $23,521 For your final answer proceed as Annual Income Tax to be payed or refunded Total Annual Withholding Final Income Tax. If the couple has to pay the government, type the number with a negative sign. For example, -325 If the couple has to receive a refund from government, type the number without sign. For example, 325 Round your answer to the nearest dollar

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