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    Federal Taxation
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    Exam 4: I: Determination of Tax
  5. Question
    A Married Couple in the Top Tax Bracket Has a New
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A Married Couple in the Top Tax Bracket Has a New

Question 45

Question 45

True/False

A married couple in the top tax bracket has a new baby. Due to the birth of the baby their taxable income will be reduced in 2014 by $3,950.

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