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Client IV is filing head of household with 2 children and no adjustments to the annual gross income of $89,000 (annual gross income- adjusted gross

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Client IV is filing head of household with 2 children and no adjustments to the annual gross income of $89,000 (annual gross income- adjusted gross income). Client IV has itemized deductions of $9,500 for mortgage interest, $4,200 in property taxes, and $5,000 in charitable contributions. Client IV also has a tax credit of $10,000. b. Find the amount of exemption(s). c. Determine whether Client IV will be using Itemized Deductions or the Standard Deduction. d. Find the taxable income. e. Determine the income tax

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