Required information

[The following information applies to the questions displayed below.] Jeremy earned $101,400 in salary and $7,400 in interest income during the year. Jeremys employer withheld $11,200 of federal income taxes from Jeremys paychecks during the year. Jeremy has one qualifying dependent child who lives with him. Jeremy qualifies to file as head of household and has $29,200 in itemized deductions. (Use the tax rate schedules.)

a. Determine Jeremys tax refund or taxes due.

	Description		Amount
(1)	Gross income		$108,800
(2)	For AGI deductions		0
(3)	Adjusted gross income		$108,800
(4)	Standard deduction		9,350
(5)	Itemized deductions		29,200
(6)	Greater of standard deduction or itemized deductions		29,200
(7)	Taxable income		$79,600
(8)	Income tax liability		$41,050
(9)	Child tax credit
(10)	Tax withholding