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John and Joanna Have $125,000 in Combined Salary and Wages

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John and Joanna have $125,000 in combined salary and wages, $8,000 in dividend income, and $3,000 in interest income. What is their tax liability for 2018 if they are married filing jointly and have $35,000 in itemized deductions?

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$125,000 + $8,000 + $3,000 = $136,000 AG...

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