Tax form questions!

Your W-2
form shows that you made $40,000 in taxable wages and that $7,000 was deducted
from your paycheck for federal income taxes. You are married, filing a joint
return, and your spouse does not work. You donated $3,000 in cash to your
church and paid $6,000 in interest on your home mortgage.

a.
What is the amount of your adjusted gross income to be written on lines 37 and
38 of Form 1040?

b.
How many exemptions will you be able to claim? How much will this reduce your
taxable income?

c. If
you itemize deductions, how much can you claim on line 40a of Form 1040? Note:
Itemize–do not use the standard deduction. d. If you itemize deductions, what
is the amount of your taxable income to be written on line 43 of Form 1040?

e. If
your tax is exactly 20% of your taxable income on line 43 of Form 1040, how
much of a tax refund (or how much additional tax) will you have to pay?