If you checked the MFS box, enter the name of your spouse. If you checked...
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If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QSS box, enter the child's name if the qualifying person is a child but not your dependent:Jacksons may claim a child tax credit for other qualifying dependents for Candice. a What is the Jacksons' taxable income, and what is their tax liability or refund b Complete the Jacksons' Form pages and Schedule use the most recent form available c What would their taxable income be if their itemized deductions totaled $ instead of $ d What would their taxable income be if they had $ itemized deductions and $ of for AGI deductions? e Assume the original facts but now suppose the Jacksons also incurred a loss of $ on the sale of some of their investment assets. What effect does the $ loss have on their taxable income? income? 
If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QSS box, enter the child's name if the
qualifying person is a child but not your dependent:Jacksons may claim a child tax credit for other qualifying dependents for Candice.
a What is the Jacksons' taxable income, and what is their tax liability or refund
b Complete the Jacksons' Form pages and Schedule use the most recent form available
c What would their taxable income be if their itemized deductions totaled $ instead of $
d What would their taxable income be if they had $ itemized deductions and $ of for AGI deductions?
e Assume the original facts but now suppose the Jacksons also incurred a loss of $ on the sale of some of their investment assets. What effect does the $ loss have on their taxable income?
income?
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