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Consider all of the information above and help John and Kathy file their taxes using...

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Consider all of the information above and help John and Kathy file their taxes using the appropriate forms. Will they owe any additional taxes or will they get a refund? Consider for federal and state level. If they owe taxes, where should that payment come from? How will that impact their net worth? If they receive a refund, what should they do with it? The standard deduction for married filing jointly is $25,900. Federal

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