Question
Filing status and dependents: The taxpayers' filing status: Married filing jointly Qualifies as the taxpayers' dependent: Select Yes or No. Penny: Yes Kyle: Yes 2.
Qualifies as the taxpayers' dependent: Select "Yes" or "No". Penny: Yes Kyle: Yes
2. Calculate taxable gross income. $
3. Calculate the total adjustments for AGI. $
4. Calculate adjusted gross income. $
5. Calculate the greater of the standard deduction or itemized deductions. $
6. Calculate total taxable income. $
7. Calculate the income tax liability. $
8. Calculate the total tax credits available. $
9 Calculate total withholding and tax payments. $
10. Calculate the amount overpaid (refund): $
11. Calculate the amount of taxes owed: $
Provide the following that would be reported on Lance and Wanda Dean's Schedule A.
1. Calculate the deduction allowed for medical expenses. $
2. Calculate the deduction for taxes. $
3. Calculate the deduction for interest. $
4. Calculate the charitable contribution deduction allowed. $
5. Calculate total itemized deductions. $
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