Jeremy earned $280,000 in salary and $7,000 in interest income during the year. Jeremy has two qualifying dependent children who live with him. He qualifies to file as head of household and has $21,500 in itemized deductions. Neither of his dependents qualifies for the child tax credit. (use the tax rate schedules.). (Do not round intermediate calculations. Round "Income tax liability" to 2 decimal places.)

a. Use the 2016 tax rate schedules to determine Jeremys taxes due.

	Description		Amount
(1)	Gross income
(2)	For AGI deductions
(3)	Adjusted gross income		$0
(4)	Standard deduction
(5)	Itemized deductions
(6)
(7)	Personal and dependency exemptions
(8)	Taxable income		$0
	Income tax liability