Required information (The following information applies to the questions displayed below.) Jeremy earned $100,900 in salary and $6,900 in interest income during the year. Jeremy's employer withheld $11,000 of federal income taxes from Jeremy's paychecks during the year. Jeremy has one qualifying dependent child who lives with him. Jeremy qualifies to file as head of household and has $26,700 in itemized deductions. (Use the tax rate schedules.) c. Assume the original facts except that Jeremy has only $7,000 in itemized deductions. What is Jeremy's tax refund or tax due? Description Amount (1) Gross income $ 107,800 (2) For AGI deductions 0 (3) Adjusted gross income $ 107,800 (4) Standard deduction 18,350 (5) Itemized deductions 7,000 Greater of standard deduction or itemized (6) 18,350 deductions (7) Taxable income $ 89,450 (8) Income tax liability $ 14,106 (9) Child tax credit 2,000 |(10) Tax withholding 11,000 Tax due 1,106 > *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted