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Sally's Adjusted Gross Income Is $38,000

Question 7

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Sally's adjusted gross income is $38,000.She does not own a home,but has charitable contributions of $1,500 and interest on her car loan of $2,100.This year she also had medical expenses of $2,000.She is allowed a standard deduction of $6300 and one personal exemption of $4,000.What is Sally's taxable income?


A) $38,000
B) $31,300
C) $27,700
D) $29,200

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