4E PHW-Income Taxes Due: Show your calculations neatly to receive full credit. Complete the workshet below to help Will and Debbie with their taxes. Will and Debbie, married with 1 child under the age of 17 Income Salary Will $63,000 and Debbie $81,000 Interest earned $221 Contributed $4,000 to IRA Deductions Interest on Mortgage $11,200 Property Taxes $7,500 Charitable Contributions $9,400 Gross Income Adjustments Adjusted Gross Income Deductions (standard or itemized?) Taxable Income Tax Owed Tax Credits Total Income Tax Income Tax Rate Tax withheld Name Amount (Circle one): Owed / refound $ 8,300

4E PHW - Income Taxes Due: Show your calculations neatly to receive full credit. Complete the workshet below to help Will and Debbie with their taxes. Will and Debbie, married with 1 child under the age of 17 Income Salary Will $63,000 and Debbie $81,000 Interest earned $221 Contributed $4,000 to IRA Deductions Interest on Mortgage $11,200 Property Taxes $7,500 Charitable Contributions $9,400 \begin{tabular}{|l|l|} \hline GrossIncome & $ \\ \hline Adjustments & $ \\ \hline AdjustedGrossIncomeDeductions(standardoritemized?) & $ \\ \hline TaxableIncome & $ \\ \hline Tax Owed & $ \\ \hline TaxCredits & $ \\ \hline TotalIncomeTax & $ \\ \hline IncomeTaxRate & $ \\ \hline Tax withheld & $8,300 \\ \hline Amount (Circle one): Owed / Refund & $ \\ \hline \end{tabular} 4E PHW - Income Taxes Due: Show your calculations neatly to receive full credit. Complete the workshet below to help Will and Debbie with their taxes. Will and Debbie, married with 1 child under the age of 17 Income Salary Will $63,000 and Debbie $81,000 Interest earned $221 Contributed $4,000 to IRA Deductions Interest on Mortgage $11,200 Property Taxes $7,500 Charitable Contributions $9,400 \begin{tabular}{|l|l|} \hline GrossIncome & $ \\ \hline Adjustments & $ \\ \hline AdjustedGrossIncomeDeductions(standardoritemized?) & $ \\ \hline TaxableIncome & $ \\ \hline Tax Owed & $ \\ \hline TaxCredits & $ \\ \hline TotalIncomeTax & $ \\ \hline IncomeTaxRate & $ \\ \hline Tax withheld & $8,300 \\ \hline Amount (Circle one): Owed / Refund & $ \\ \hline \end{tabular}