Jeremy earned $101,500 in salary and $7,500 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. Jeremy qualifies to file as head of household and has $29,700 in itemized deductions.

Assume that in addition to the original facts, Jeremy has a long-term capital gain of $11,050. What is Jeremys tax refund or tax due including the tax on the capital gain? (Round your intermediate calculations and final answer to the nearest whole dollar amount.)

Tax Rate Schedule

Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 $ 14,100 10% of taxable income $ 14,100 S 53,700 $1,410 plus 12% of the excess over $14.100 $ 53,700 S 85,500 56.162 plus 22% of the excess over $53,700 $ 85,500 $163,300 $13,158 plus 24% of the excess over $85,500 $163,300 $207,350 $31.830 plus 32% of the excess over $163,300 $207,350 $518,400 S45,926 plus 35% of the excess over $207,350 $518,400 $154.793.50 plus 37% of the excess over $518,400 Description Gross income For AGI deductions Adjusted gross income Standard deduction Itemized deductions (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Amount $ 120,050 0 $ 120,050 18,650 29,700 29,700 $ 90,350 S 13,542 Taxable income Income tax liability Child tax credit Tax withholding 2,000 11,000 1,322 X S