7) Compute the taxpayer's taxable income in each of the following cases: a) Jack is married...

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7) Compute the taxpayer's taxable income in each of the following cases: a) Jack is married and files a joint return with his wife Alice. They are both under age 65. Jack and Alice have two dependent children. They have AGI of $60,000 and $29,000 of itemized deductions. b) Pete is an unmarried head of household with two dependents. He has AGI of $45,000 and itemized deductions of $11,200. c) Iris, age 22, is a full-time college student who is claimed as a dependent by her parents. She earns $6,000 from a part-time job and has interest income of $1,500. d) Matt, age 20, is a full-time college student who is claimed as a dependent by his parents. Her parents are in a 22% tax bracket. He earns $2,500 from a part-time job and has interest income of $4,100. 7) Compute the taxpayer's taxable income in each of the following cases: a) Jack is married and files a joint return with his wife Alice. They are both under age 65. Jack and Alice have two dependent children. They have AGI of $60,000 and $29,000 of itemized deductions. b) Pete is an unmarried head of household with two dependents. He has AGI of $45,000 and itemized deductions of $11,200. c) Iris, age 22, is a full-time college student who is claimed as a dependent by her parents. She earns $6,000 from a part-time job and has interest income of $1,500. d) Matt, age 20, is a full-time college student who is claimed as a dependent by his parents. Her parents are in a 22% tax bracket. He earns $2,500 from a part-time job and has interest income of $4,100.