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Jeremy earned $102,400 in salary and $8,400 in interest income during the year. Jeremy's employer withheld $11,000 of federal income taxes from Jeremy's paychecks during

Jeremy earned $102,400 in salary and $8,400 in interest income during the year. Jeremy's employer withheld $11,000 of federal income taxes from Jeremy's paychecks during the year. Jeremy has one qualifying dependentchild who lives with him. Jeremy qualifies to file as head of household and has$34,200 in itemized deductions. (Use the tax rate schedules.)

b. Assume that in addition to the original facts, Jeremy has a long-term capital gain of $15,550. What is Jeremy's taxrefund or tax due including the tax on the capital gain? (Round your intermediate calculations and final answer to the nearest whole dollar amount.)

DescriptionAmount(1)Gross income

(2)For AGI deductions

(3)Adjusted gross income$0(4)Standard deduction

(5)Itemized deductions

(6)

(7)Taxable income$0(8)Income tax liability

(9)Child tax credit

(10)Tax withholding

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