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18 July, 07:40

You have a gross income of $117,151 and are filing your tax return singly. you claim one exemption and can take a deduction of $2,713 for interest on your mortgage, an adjustment of $2,791 for business losses, an adjustment of $1,346 for alimony, a deduction of $2,086 for property taxes, a deduction of $2,376 for contributions to charity, and an adjustment of $1,091 for contributions to your retirement fund. the standard deduction for a single filer is $5,700, and exemptions are each worth $3,650. what is the difference between your adjusted gross income and your taxable income?

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  1. 18 July, 09:05
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    Its c bud, just did the test, or $10,825
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