Tuition-and-books scholarship

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Jerri Nichols and her two children, Austin and Alexandra, moved into the home of her new husband, Samuel Glenner, in Ames, Iowa. Jerri is employed as a librarian, and her husband sells cars. The Glenner family income consists of the following: $40,000 from Jerri's salary; $42,000 from Samuel's salary; $10,000 in life insurance proceeds from a deceased aunt; $140 in interest from savings; $4380 in alimony from Jerri's ex-husband; $14,200 in child support from her ex-husband; $500 cash as a Christmas gift from Samuel's parents; and a $1600 tuition-and-books scholarship Jerri received to go to college part time last year.

A.) If Jerri's and Samuel's employers withheld $18,000 for income taxes, yet they owe $6,896 in taxes, would they get a refund or will they still owe taxes.  If they get a refund, how much will it be?

Reference no: EM131402089

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