Question: Can someone please help me solve this and understand how to get the calculation of standard deduction? thanks! Jeremy (unmarried) earned $100,000 in salary and

Can someone please help me solve this and understand how to get the calculation of standard deduction? thanks!Can someone please help me solve this and understand how to get

the calculation of standard deduction? thanks! Jeremy (unmarried) earned $100,000 in salaryand $6,000 in interest income during the year. Jeremy's employer withheld $10,000

Jeremy (unmarried) 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 paychecks 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. (Use the tax rate schedules, Tax rates for Net Capital Gains and Qualified Dividends.) Required: 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 deductions. What is Jeremy's tax refund or tax due? Complete this question by entering your answers in the tabs below. Determine Jeremy's tax refund or taxes due. Cobndula T Unad af Unmonhold Tax Rates for Net Capital Gains and Qualified Dividends

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