Essay
Theresa and Oliver,married filing jointly,and both over 65 years of age,have no dependents.Their 2015 income tax facts are: Theresa's wages $165,000 Oliver's wages 33,000 Short-term capital gain 36,000 Long-term capital loss (41,000) What is their taxable income for 2015?
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The couple's taxable income is $171,900....View Answer
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