xed at the s of capital uctions nd what ductions ized ed 28. Explain what it means to say that a married couple filing a joint tax retur and several liability for the taxes associated with the return. PROBLEMS Select problems are available in Connect. connect 29. Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremy's employer withheld $10,000 of federal income taxes from Jeremy's pay- checks during the year. Jeremy has one qualifying dependent child (age 14) who lives with him. Jeremy qualifies to file as head of household and has $23,000 in itemized deductions, including $2,000 of charitable contributions to his church. a) Determine Jeremy's tax refund or taxes due. b) Assume that in addition to the original facts, Jeremy has a long-term capital gain of $4,000. What is Jeremy's tax refund or tax due including the tax on the capital gain? c) Assume the original facts except that Jeremy has only $7,000 in itemized deduc- tions. What is Jeremy's tax refund or tax due? LO 4-1