Using the tax rate schedule below

Comprehensive Problem. Larry Johnson, 45 and single, has the following income and deductions in 2022 . He is provided health insurance by his employer. Using the tax rate schedules rather than the tax tables, compute Larry's tax owed or refund due for 2022 . In addition, Larry's car (value =$15,000, cost =$20,000 ) was stolen during the year, and the insurance reimbursement was only $7,000. He also had $2,000 of travel expenses related to his job that were not reimbursed and $3,000 of federal income tax withheld from his salary. He elects to treat his dividends as net investment income, so they are not subject to the special longterm capital gains tax rates. 2022 Tax Rates and Amounts Tax Rate Schedules for 2022