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Jeremy earned $110,000 in salary and $6,000 in interest income in the current year. Jeremys employer withheld $11,200 of federal income taxes from Jeremys paychecks
Jeremy earned $110,000 in salary and $6,000 in interest income in the current year. Jeremys employer withheld $11,200 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.
A.) What is Jeremys tax refund or taxes due?
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