Corey and abbey have 2 dependent children andrew and kelly, and they will file their...

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Accounting

Corey and abbey have 2 dependent children andrew and kelly, and they will file their 2023 federal tax return as married filing joint. Corey is 38 and abby is 39. the ages of andrew and kelly at the end of 2023 are 15 and 17. their adjusted gross income (AGI) for 2023 is $160,000. Their itemized deductions for 2023 equal $30,500. During 2023 corey and abby had a total of $16,500 withheld by their employers for federal income taxes. Compute the amount of their tax due or (refund) for 2023.

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