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Deductions from Adjusted Gross Income, Calculating Tax Liability (LO. 3, 5) Hongtao is single and has a gross income of $90,100. His allowable deductions

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Deductions from Adjusted Gross Income, Calculating Tax Liability (LO. 3, 5) Hongtao is single and has a gross income of $90,100. His allowable deductions for adjusted gross income are $4,200, and his itemized deductions are $18,650. The standard deduction for 2020 is $12,400. Round all final amounts to the nearest dollar. Refer to the Tax Rate Schedules to answer the following questions. a. Hangtao's taxable income is Feedback Check My Work and his tax liability is s for 2020. b. If Hongtao has $11,200 withheld from his salary during 2020 then Hongtao has a refund Check My Wo of s c. Assume the same facts as in part a and part b, except that Hongtao is married. His wife's salary is $33,600, and she has $2,900 withheld from her paycheck. They fil Jointly. The standard deduction for 2020 is $24,800. Their taxable income is s for 2020. They will and their tax liability is $ receive a refund Feedback of t

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