Beth is anticipating significant changes in her life in 2017, and she has asked you to estimate her taxable income and tax liability for that year.

She just received word that she has been qualified to adopt a 2-year-old daughter. Beth expects that the adoption will be finalized in 2017 and that she will incur approximately $2,000 of adoption expenses.

In addition, she expects to incur approximately $3,500 of child and dependent care expenses relating to the care of her new daughter, which will enable her to keep her job at Mesa Manufacturing.

However, with the additional demands on her time because of her daughter, she has decided to discontinue her two part-time jobs (i.e., the part-time tax practice and her software business), and she will cease making estimated income tax payments.

In your computations, assume that all other income and expenditures will remain at approximately the same levels as in 2016. Use the 2016 tax rate schedules. The exemption amount for 2017 is $4,050.

For 2017, determine the following for Beth: Filing status: Head of Household Total gross income: $ Adjusted gross income: $ Total itemized deductions:$ Taxable income: $ Total tax credits: $ Net tax liability (after credits but before any tax payments): $3,780 2016 Tax Rate SchedulesSingleSchedule X Head of householdSchedule ZIf taxable income is: Over But not over The tax is: of the amount over If taxable income is: Over But not over The tax is: of the amount over$0 $9,275 . . . . . .10% $0 $0 $13,250 . . . . . .10% $09,275 37,650 $927.50+15% 9,275 13,250 50,400 $1,325.00+15% 13,25037,650 91,150 5,183.75+25% 37,650 50,400 130,150 6,897.50+25% 50,40091,150 190,150 18,558.75+28% 91,150 130,150 210,800 26,835.00+28% 130,150190,150 413,350 46,278.75+33% 190,150 210,800 413,350 49,417.00+33% 210,800413,350 415,050 119,934.75+35% 413,350 413,350 441,000 116,258.50+35% 413,350415,050 . . . . . . 120,529.75+39.6% 415,050 441,000 . . . . . . 125,936.00+39.6% 441,000Married filing jointly or Qualifying widow(er)Schedule Y-1 Married filing separatelySchedule Y-2If taxable income is: Over But not over The tax is: of the amount over If taxable income is: Over But not over The tax is: of the amount over$0 $18,550 . . . . . .10% $0 $0 $9,275 . . . . . .10% $018,550 75,300 $1,855.00+15% 18,550 9,275 37,650 $927.50+15% 9,27575,300 151,900 10,367.50+25% 75,300 37,650 75,950 5,183.75+25% 37,650151,900 231,450 29,517.50+28% 151,900 75,950 115,725 14,758.75+28% 75,950231,450 413,350 51,791.50+33% 231,450 115,725 206,675 25,895.75+33% 115,725413,350 466,950 111,818.50+35% 413,350 206,675 233,475 55,909.25+35% 206,675466,950 . . . . . . 130,578.50+39.6% 466,950 233,475 . . . . . . 65,289.25+39.6% 233,475