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5. Susan is single and lives with her 2 young children (ages 3 and 5). She has a salary of $75,000 and had Federal tax
5. Susan is single and lives with her 2 young children (ages 3 and 5). She has a salary of $75,000 and had Federal tax withheld of $10,000. She has the following itemized deductions:
Medical 8,000
Mortgage interest 5,000
Credit card interest 2,000
Property tax 2,500
Sales tax 1,500
State income tax withheld 2,000
Charitable contributions 1,000
Tax return preparation fee 500
Childcare expenses 5,000
Compute her tax due or refund (2023)
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