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Question - John Richard born 03/09/1951 retired and legally blind who has interest from the Community bank $620 ordinary dividends $560 and Qualified dividends $560 and Retirement pension of $10,560 fully taxable and Social security of $12096, His SSN 123-90-7890
His wife Gina Richard born 08/10/1966 has wage of $12,490 from which federal tax withhold is $ 980. Her SSN is 321-09-0987
They have a daughter Samantha, born 01/09/1994. She is 3th year in FAU and her tuition is $6890. She receives Florida Bright future medallion in amount of $2400. Her SSN 456-90-1234
Richards live in Miami, 1030 SW street 3389 and files jointly with his wife.
Please compute Total Income, AGI, taxable income and Richard's tax payment or refund. Explain and show your work.
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