Many people count on tax returns for income to help them catch up on bills, buy something nice, etc. Let's say you claim head of household for tax purposes. With the new house though, your itemized deductions are $12,150 15) [6] Use the tax table in chapter 13 of the text to calculate your income tax liability. Assume three exemptions 16) [2] Use the federal withholding from #7 (assuming that this is typical of a paycheck) to find the annual federal tax paid. 17) [4] Determine if you will get a refund or have to pay the IRS after you file your taxes, and the amount of money. How much do you have to pay/get refunded? Many people count on tax returns for income to help them catch up on bills, buy something nice, etc. Let's say you claim head of household for tax purposes. With the new house though, your itemized deductions are $12,150 15) [6] Use the tax table in chapter 13 of the text to calculate your income tax liability. Assume three exemptions 16) [2] Use the federal withholding from #7 (assuming that this is typical of a paycheck) to find the annual federal tax paid. 17) [4] Determine if you will get a refund or have to pay the IRS after you file your taxes, and the amount of money. How much do you have to pay/get refunded