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Travis is single and works for Delta airlines as an accountant. For 2022, they paid him $110,000 in salary. In addition, Delta paid $9,500 for their portion of his medical and dental health insurance premiums, paid $650 for a group term life insurance policy for him, and paid $500 in employer contributions to his 401K. In addition to the above benefits he received in 2022, Travis had a number of major costs throughout the year. He paid $7,500 in mortgage interest on his personal residence and $2,000 in real estate taxes for the year. In addition, he paid $2,500 in professional des (the AICPA dues, state CPA society dues, and local CPA chapter dues) and subscriptions to work publications that were not covered by his employer.
Ignoring answer in 1-2 and instead assuming taxable income is $75,000. The amount of taxes due for Travis in 2022 is:
a. $12,117 taxes due
b. none of above
c. $8,589 taxes due
d. $18,000 taxes due
e. $16,500 taxes due
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