Would bob and lisa get a tax refund

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Reference no: EM131813591

Examine the follow information. Would Bob and Lisa get a tax refund? What would that refund amount be? Adjusted gross income $ 42,140 Itemized deductions $ 12,240 Credit for child and dependent care expenses $ 400 Federal income tax withheld $ 6,686 Amount for personal exemptions $ 11,850 Tax rate on taxable income 10 percent What would be the refund amount?_______

Reference no: EM131813591

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