Destion - Chapter 4 Problems Connect "ezto meducation.com/ext/map/index.html?con conextemal browser &launchUns 2534% 252Fnewconnect roblems Swed Help Save & EX Chec! Jeremy earned $101.400 in salary and $7400 in interest income during the year Jeremy's employer withheld $10.000 of federal income taxes from Jeremy's paychecks during the year Jeremy has one qualifying dependent child (age 14) who lives with him Jeremy qualifies to file as head of household and has $29,200 in itemized deductions, including $2,000 of charitable contributions to his church. (Use the tax rate schedules) a. Determine Jeremy's tax refund or taxes due Amount $ 108.800 $ Description (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) med deductions (6) Greater of standard deduction titomized deductions 7) Taxable incomo (8) Income tax liability (9) Child tax credit (10) Tax withholding Tax refund) 108,300 18.800 29,200 29,200 79.500 5 Prey 1 2 3 of 13 Next > o 72" LILL EURO w s F G B x / LILIL M alt cud Destion - Chapter 4 Problems Connect "ezto meducation.com/ext/map/index.html?con conextemal browser &launchUns 2534% 252Fnewconnect roblems Swed Help Save & EX Chec! Jeremy earned $101.400 in salary and $7400 in interest income during the year Jeremy's employer withheld $10.000 of federal income taxes from Jeremy's paychecks during the year Jeremy has one qualifying dependent child (age 14) who lives with him Jeremy qualifies to file as head of household and has $29,200 in itemized deductions, including $2,000 of charitable contributions to his church. (Use the tax rate schedules) a. Determine Jeremy's tax refund or taxes due Amount $ 108.800 $ Description (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) med deductions (6) Greater of standard deduction titomized deductions 7) Taxable incomo (8) Income tax liability (9) Child tax credit (10) Tax withholding Tax refund) 108,300 18.800 29,200 29,200 79.500 5 Prey 1 2 3 of 13 Next > o 72" LILL EURO w s F G B x / LILIL M alt cud