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Required information [The following information applies to the questions displayed below.) Jeremy earned $100,500 in salary and $6,500 in interest income during the year. Jeremy's

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Required information [The following information applies to the questions displayed below.) Jeremy earned $100,500 in salary and $6,500 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 $24,700 in itemized deductions. (Use the tax rate schedules.) a. Determine Jeremy's tax refund or taxes due. Description Amount (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Itemized deductions (7) Taxable income (8) Income tax liability (9) Child tax credit (10) Tax withholding LUUL YULSLUND Upiacu Dew Jeremy earned $100,500 in salary and $6,500 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 $24.700 in itemized deductions. (Use the tax rate schedules.) b. Assume that in addition to the original facts, Jeremy has a long-term capital gain of $6,050. What is Jeremy's tax refund or tax due Including the tax on the capital gain? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Description Amount (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Itemized deductions E 5 0 (1) Taxable income (8) Income tax liability (9) Child tax credit (10) Tax withholding Required information The following information applies to the questions displayed below. Jeremy earned $100 500 in salary and $6.500 in interest income during the year. Jeremy's employer withheld $11.000 of federal income taxes from Jeremy's paychecks dunng the year. Jeremy has one qualifying dependent child who lives with him even cualifies to file as head of household and has $24700 in itemized deductions (Use the fox cafe schedules.) b. Assume that in addition to the original facts, Jeremy has a long-term capital gain of S6,050. What is Jeremy's tax refund or tax due including the tax on the capital gain? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) 20 Description Amount Grass income For AGI deductions (3) Adjusted gross income (4 Standard deduction (5). Imid deductions Taxable income (8) Income tax Tabay (9) Child tax credit (10) Tax withhokling

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