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Lila and Ted Are Married and Have AGI of $332,000

Question 41

Multiple Choice

Lila and Ted are married and have AGI of $332,000 in 2014. They had their first children this year,twins. Lila and Ted will be allowed a deduction for personal and dependency exemptions of


A) $7,900.
B) $15,800.
C) $12,324.
D) $3,476.

Correct Answer:

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