Diego, age 28, married Dolores, age 27, in 2016. Their salaries for the year amounted to $47,230
Question:
a. What is the amount of their adjusted gross income?
b. What is the amount of their itemized deductions or standard deduction?
c. What is the amount of their taxable income?
d. What is their tax liability for 2016?
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Related Book For
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
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