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You (single) received the following information to calculate tax due: Salary - 60,000 Interest - 500 Tax Exempt interest - 100 Itemized deductions - 13,000

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You (single) received the following information to calculate tax due: Salary - 60,000 Interest - 500 Tax Exempt interest - 100 Itemized deductions - 13,000 IRA deduction - 1000 Solar installation credit - 500 Tax withheld from paycheck - 4000 Effective tax rate - 15% (Use this instead of tax tables). What are the final taxes due? Show work for credit

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