Jeremy earned $100,500 in salary and $6,500 in interest income during the year. Jeremy’s employer withheld $11,000 of federal income taxes from Jeremy’s paychecks during the year. Jeremy has one qualifying dependent child who lives with him. Jeremy qualifies to file as head of household and has $24,700 in itemized deductions. (Use the tax rate schedules.) a. Determine Jeremy’s tax refund or taxes due.
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Jeremy earned $100,500 in salary and $6,500 in interest income during the year. Jeremy’s employer wi...
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