Maria is single and works in New York. The following information is on her W-2 form:
Box #1: "108224.29". Box #2: "14001.68". Box #17: "7010.33"
She has the following stuff going on...
ADJUSTMENTS
Bank interest received: $22.39
Stock dividends received: $842.50
Profit from sale of stock: $8,443.81
Student loan interest repaid: $1,873.43
POSSIBLE DEDUCTIONS
Mortgage interest repaid: $7,334.29
Property tax paid: $8,144.72
Donations: $500
Calculate the following:
a. Maria's federal income tax refund due/tax owed
b. Maria's New York state income tax refund/tax owed