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In 2015,Tom Is Single and Has AGI of $50,000

Question 93

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In 2015,Tom is single and has AGI of $50,000.He is age 70,has no dependents,and has itemized deductions (i.e. ,from AGI) of $7,000.Determine Tom's taxable income for 2015.

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$38,150.Tom's standard deduction is $6,3...

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