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Jeremy ( unmarried ) earned $ 1 0 0 , 0 0 0 in salary and $ 6 , 0 0 0 in interest income

Jeremy (unmarried) earned $100,000 in salary and $6,000 in interest income during the year. Jeremy's employer withheld $10,000 o
federal income taxes from Jeremy's paychecks during the year. Jeremy has one qualifying dependent child (age 14) who lives with hir
Jeremy qualifies to file as head of household and has $23,000 in itemized deductions. (Use the tax rate schedules, Tax rates for Net
Capital Gains and Qualified Dividends.)
Required:
a. Determine Jeremy's tax refund or taxes due.
b. Assume that in addition to the original facts, Jeremy has a long-term capital gain of $4,000. What is Jeremy's tax refund or tax due
including the tax on the capital gain?
c. Assume the original facts except that Jeremy has only $7,000 in itemized deductions. What is Jeremy's tax refund or tax due?
Complete this question by entering your answers in the tabs below.
Assume that in addition to the original facts, Jeremy has a long-term capital gain of $4,000. What is Jeremy's tax refundtor
tax due including the tax on the capital gain?
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