Omer, single, age 35, has one dependent (Maria, a qualifying child, age 7) that lived with Omer for all of 2020. Omer paid all costs of maintaining the household for himself and Maria. Omers sister, Zelda, also lived with Omer for all of 2020. Zelda had no income, and Omer provided all of her support.

In 2020, Omer had the following income items:

Salary: $75,000 Interest on savings account (investment income): $2,500

Ordinary dividends (investment income; not qualified dividends): $1,500

Unemployment Compensation: $10,000

Gift from Omers father: $10,000

Alimony from ex-wife (divorce finalized in 2014): $10,000 Omer paid the following expenses in 2020:

Federal income taxes withheld on wages: $4,000 State & local income taxes withheld on wages: $1,000

Sales tax: $9,000 Property tax: $3,000

Medical expenses: $1,000

Food and clothes for Maria: $4,000

Investment interest: $5,000

Food and clothes for himself: $5,000

Childcare expenses so Omer can work: $2,000

HSA Contribution (Omer has a HDHP): $2,000

Charitable contribution (cash): $2,500 Unreimbursed employee business expenses: $500

Car payment: $6,000

Mortgage interest on $300,000 mortgage used to purchase primary residence: $3,000

1. What is Omers most beneficial filing status?

2. What is Omers gross income?

3. What is Omers AGI?

4. What is Omers total itemized deductions?

5. What is Omers taxable income? Omer has no QBI deduction.

6. What is Omers tax liability before credits and prepayments?

7. What is Omers tax liability or refund due after credits and prepayments? His CDC expenses credit % is 20%.