c. Assume the original facts except that Jeremy has only $7,000 in itemized deductions. What is Jeremy's tax refund or tax due? Description Amount (1) Gross income $ 106,000 (2) For AGI deductions 0 (3) Adjusted gross income $ 106,000 (4) Standard deduction 18,350 (5) Itemized deductions 7,000 (6) Lesser of standard deduction or itemized deductions (23,000) (7) Taxable income $ 83,000 (8) Income tax liability $ 13,790 (9) Child tax credit (2,000) (10) Tax withholding Tax due (11,000) $ 790