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Deductions from Adjusted Gross Income, Calculating Tax Liability (LO. 3,5) Hongtao is single and has a gross income of $90,800. His allowable deductions for adjusted

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Deductions from Adjusted Gross Income, Calculating Tax Liability (LO. 3,5) Hongtao is single and has a gross income of $90,800. His allowable deductions for adjusted gross income are $4,100, and his itemized deductions are $19,550. 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 $ 67,150 and his tax liability is $! for 2020. Feedback b. If Hongtao has $11,200 withheld from his salary during 2020 then Hongtao has a refund of $ Feedback C. Assume the same facts as in part a and part b, except that Hongtao is married. His wife's salary is $30,500, and she has $2,400 withheld from her paycheck. They file jointly. The standard deduction for 2020 is $24,800. Their taxable income is $ and their tax liability is s for 2020. They will receive a refund of $

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