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Can someone please help me i am confused how to calculate these... the numbers in the boxes might be wrong... thanks for any help! 0

Can someone please help me i am confused how to calculate these... the numbers in the boxes might be wrong... thanks for any help!image text in transcribed

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0 Required information Problem 4-28 (LO 4-1) [The following information applies to the questions displayed below. Jeremy earned $100,400 in salary and $6,400 in interest income during the year. Jeremy's employer withheld $11,200 of federal income taxes from Jeremy's paychecks during the year. Jeremy has one qualifying dependent child who lives with him. Jeremy qualifies to file as head of household and has $24,200 in itemized deductions. (Use the tax rate schedules) a. Determine Jeremy's tax refund or taxes due. Description Amount (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Itemized deductions $106,400 24,200 $ 82,200 (18,434) (11,200) (7) Taxable income (8) Income tax liability (9) Child tax credit (10) Tax withholding $ 82,200 Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $13,600 $ 51,800 $ 82,500 $151.500 $200,000 $500,000 $13,600 $ 51,800 $ 82.500 $157,500 $200,000 $500,000 10% of taxable income $1,360 plus 12% of the excess over S13.600 $5.944 plus 22% of the excess over $51,800 $12,698 plus 24% of the excess over S82.500 $30,698 plus 32% of the excess over $157,500 $44,298 plus 35% of the excess over $200,000 $149,298 plus 37% of the excess over $500,000

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