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Lee is single and has two daughters, Ava and Alice. He makes $ 1 5 5 , 6 0 0 in gross income from his

Lee is single and has two daughters, Ava and Alice. He makes $155,600 in gross income from his job at NASA. During the year he had $6,000 in adjustments. He also had $17,600 in qualified medical expenses and $9,000 in other fully itemized deductions. Use the tax information from your lecture notes to an
1. What is the total for itemized deductions?
2. Will a refund be received or will a payment be owed to the government?
3. What is the Adjusted Gross Income
4. What is the households average tax?
5. What is the marginal tax bracket?
6. What is the total amount the household will use for deductions? Remember there is a standard deduction and an itemized deduction. I want the larger of the two - the final number you will use for deductions.

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