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Required information [The following information applies to the questions displayed below.) Jeremy earned $102,500 in salary and $8,500 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 $102,500 in salary and $8,500 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 and qualifies him for a $2,000 child tax credit. Jeremy qualifies to file as head of household and has $34,700 in itemized deductions. (Use the tax rate schedules.) ook Hint a. Determine Jeremy's tax refund or taxes due. Amount Description (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Hemized deductions a. Determine Jeremy's tax refund or taxes due. Amount Description (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Itemized deductions (6) (7) Taxable income (8) Income tax liability (9) Child tax credit (10) Tax withholding

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