Camille Sikorski was divorced last year. She currently owns and provides a home for her 15-year-old daughter, Kaly, and 18-year-old son, Parker. Both children lived in Camilles home for the entire year, and Camille paid for all the costs of maintaining the home. She received a salary of $55,000 and contributed $4,200 of it to a qualified retirement account (a for AGI deduction). She also received $6,000 of alimony from her former husband. Finally, Camille paid $2,700 of expenditures that qualified as itemized deductions.

1.

value: 20.00 points

Required information

a.

What is Camilles taxable income?

Description			Amount
(1)	Gross income
(2)	For AGI deductions
(3)	Adjusted gross income
(4)	Standard deduction
(5)	Itemized deductions
(6)
(7)	Personal and dependency exemptions
(8)	Total deductions from AGI
	Taxable income

Tiffany is unmarried and has a 15-year-old qualifying child. Tiffany has determined her tax liability to be $5,880, and her employer has withheld $2,320 of federal taxes from her paycheck. Tiffany is allowed to claim a $1,000 child tax credit for her qualifying child.

Description	Amount
(1)Income tax liability
(2)Other taxes
(3)Total tax
(4)Credits
(5)Prepayments

What amount of taxes will Tiffany owe (or what amount will she receive as a refund) when she files her tax return?