Question: help me study and i will give rating. D Required information The following information applies to the questions displayed below.) Jeremy earned $100,000 in salary

help me study and i will give rating.
help me study and i will give rating. D Required information The
following information applies to the questions displayed below.) 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 paychecks during the year. Jeremy
has one qualifying dependent child (age 14) who lives with him. Jeremy

D Required information The following information applies to the questions displayed below.) 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 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, including $2,000 of charitable contributions to his church. (Use the tax rate schedules.) Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 $ 14,200 10% of taxable income $ 14,200 $ 54,200 $1,420 plus 12% of the excess over $14,200 $ 54,200 $ 86,350 $6,220 plus 22% of the excess over $54,200 $ 86,350 $ 164,900 $13,293 plus 24% of the excess over $86,350 $ 164,900 $ 209,400 $32.145 plus 32% of the excess over $164,900 $ 209,400 $ 523,600 $46,385 plus 35% of the excess over $209,400 $ 523,600 $156,355 plus 37% of the excess over $523,600 a. Determine Jeremy's tax refund or taxes due. Description Amount (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction Itemized deductions $ 0 $ 0 (7) Taxable income (8) Income tax liability (9) Child tax credit (10) Tax withholding 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? Amount Description (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Itomized doductions (7) Taxable income (8) Income tax liability (9) Child tax credit (10) Tax withholding c. Assume the original facts except that Jeremy has only $7.000 in itemized deductions. What is Jeremy's tax refund or tax due? Amount Description (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) Itemized deductions (7) Charitable contribution (8) Taxable income (9) Income tax liability (10) Child tax credit (11) Tax withholding

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