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Lila and Ted Are Married and Have AGI of $337,000

Question 4

Multiple Choice

Lila and Ted are married and have AGI of $337,000 in 2015.They had their first children this year,twins.Lila and Ted will be allowed a deduction for personal and dependency exemptions of


A) $8,000.
B) $16,000.
C) $12,480.
D) $6,240.

Correct Answer:

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