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Jeremy $($unmarried$)$ earned $$101,800$ in salary and $$3,300$ in interest income during the year. Jeremy's employer withheld $$10,000$ of federal income taxes from Jeremy's paychecks during the year. Jeremy has one qualifying dependent child $($age $14)$ who lives with him. Jeremy qualifies to file as head of household and has $$26,800$ 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 $$4,200.$ 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 $$8,800$ in itemized deductions. What is Jeremy's tax refund or tax due?

Complete this question by entering your answers in the tabs below.

Jeremy $($unmarried$)$ earned $$101,800$ in salary and $$3,300$ 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 $$26,800$ 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 $$4,200.$ 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 $$8,800$ in itemized deductions. What is Jeremy's tax refund or tax due?

Answer is not complete.

Complete this question by entering your answers in the tabs below.

Determine Jeremy's tax refund or taxes due.

Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. $2024$ Tax Rate Schedules

Individuals

Schedule X$-$Single

Schedule Y$-1-$Married Filing Jointly or Qualifying surviving spouse

Schedule Z$-$Head of Household

Schedule Y$-2-$Married Filing Separately Tax Rates for Net Capital Gains and Qualified Dividends

$*$This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table $($net capital gains and qualified dividends are included in taxable income last for this purpose$).$

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