What is the amount

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Based on the following data, would Beth and Roger Simmons receive a refund or owe additional taxes? What is the amount? (Do not round any intermediate calculations. Enter the amount as a positive value rounded to 2 decimal places.)

Adjusted gross income$ 55,420Standard deduction$ 24,800Credit for child and dependent care expenses$ 700Federal income tax withheld$ 7,206 Tax rate on taxable income15 percent

Reference no: EM133002555

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