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Barney Smith Has Only One Itemized Deduction Item,the $4,400 He

Question 37

Multiple Choice

Barney Smith has only one itemized deduction item,the $4,400 he gave to his church.His standard deduction this year is $6,200,and he is in the 15% marginal tax bracket.How much will his contribution to the church save Barney in taxes this year?


A) $4,400
B) $3,000
C) $660
D) $450
E) $0

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