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1. In 2022** , Maia (who files as a head of household) reported regular taxable income of $115,100. She itemized her deductions, deducting $18,010 in

1. In 2022**, Maia (who files as a head of household) reported regular taxable income of $115,100. She itemized her deductions, deducting $18,010 in charitable contributions and $3,010 in state income taxes. What is Maias alternative minimum taxable income? Show me your work or explain your reasoning

a. 115,100

b. 118,110

c. 123,110

d. 126,120

2. In 2022**, Cassy reports a gross tax liability of $1,180. She also claims $580 of nonrefundable personal credits, $790 of refundable personal credits, and $380 of business credits. What is Cassy's tax refund or tax liability due after applying the credits?

a. $1,180 taxes payable

b. $0 refund or taxes payable

c. $790 refund

d. $570 refund

3. In 2022**, Sheryl's AGI is $250,300. Her current tax liability is $52,098. Last year, her tax liability was $48,752. She will not owe underpayment penalties if her total estimated tax payments are at least which of the following (rounded) amounts? (Assume she makes the required payments each quarter.)

a. $46,888

b. $48,752

c. $51,577

d. $53,627

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