I am not sure why I calculated income tax liability wrong. I used household, (88,550-82,500)* 0.24 + 12,698 = 14,150

4 Required information [The following information applies to the questions displayed below.] Jeremy earned $100,600 in salary and $6,600 in interest income during the year. Jeremy's employer withheld $11,200 of federal income taxes from Jeremy's paychecks during the year. Jeremy has one qualifying dependent child who lives with him. Jeremy qualifies to file as head of household and has $25,200 in itemized deductions. (Use the tax rate schedulesi) Part 2 of 2 0.36/0.43 points awarded Scored b. Assume that in addition to the original facts, Jeremy has a long-term capital gain of $6,550. What is Jeremy's tax refund or tax due including the tax on the capital gain? Description Amount (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Itemized deductions (6) Greater of standard deduction or itemized deductions (7) Taxable income s 113,750 $ 113,750 8,000 25,200 0 25200 2 S 88,550 S 14,150 2.000 Income tax liability (9) Child tax credit (10) Tax withholding 11,200 Taxes due Os 950