27) In 2021, Richard, a single taxpayer, has adjusted gross income of $40,550. His AGI includes $4,000 of qualified dividends. Richard does not itemize deductions. What is his 2021 federal income tax? A) $2,681 B) $4,121 C) $3,161 D) None of the above 28) Tarik, a single taxpayer, has AGI of $55,000 which includes $1,000 of qualified dividends. Tarik does not of itemize deductions. What is his 2021 federal income tax? A) $5,088 B) $5,018 C) $7,779 D) None of the above 29) Derek, a single taxpayer, has AGI of $55,550 which includes $5,000 of qualified dividends. Derek does not itemize deductions. What is his 2021 federal income tax? A) $4,361 B) $4,751 C) $5,209 D) None of the above 46) Steve Greene, age 66, is divorced with no dependents. In 2021, Steve had income and expenses as follows: Gross income from salary $80,000 Total itemized deductions 5,500 His itemized deductions are comprised of state income taxes. Compute Steve's taxable income for 2021 47) Bob Greene, age 56, is divorced with no dependents. In 2021, Steve had income and expenses as follows. Gross income from salary $80,000 Total itemized deductions 5,500 His itemized deductions are comprised of $4,000 of state income taxes and $1,500 of charitable contributions. Compute Steve's taxable income for 2021 48) Sean and Martha are both over age 65 and Martha is considered blind by tax law standards. Their total income in 2021 from part-time jobs and interest income from a bank savings account is $80,000. Their itemized deductions, comprised of mortage interest and property taxes, are $26,000 Required: Compute their taxable income 49) Kate is single and a homeowner. In 2021, she has property taxes on her home of $4,000, pays state income taxes of $5,000, makes charitable contributions of $3,000, and pays home mortgage interest of $6,000. Kate's adjusted gross income for 2021 is $77,000 Required Compute her taxable income for 2021