Question
Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremys employer withheld $11,000 of federal income taxes from Jeremys paychecks during
Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremys employer withheld $11,000 of federal income taxes from Jeremys paychecks during the year. Jeremy has one qualifying dependent child who lives with him. Jeremey qualifies to file as head of household and has $23,000 in itemized deductions. You may use the book chapter 4, PowerPoints, or the IRS instructions to form 1040.
(2) Prepare Jeremys tax return including form 1040 and Schedule A based on the limited information provided. For itemized deductions, fill in only the last line of Schedule A. Find the forms on your own through Google. Be sure to use 2019 forms.
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