Hal is single and in 2018 he obtained IRS permission to change from the calendar year to
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Hal is single and in 2018 he obtained IRS permission to change from the calendar year to a fiscal year ended August 31, 2018. Hal earned \(\$ 80,000\) through August 31, 2018 and had \$7,000 in itemized deductions during January 1 through August 31, 2018. What is Hal's gross tax liability for the short period?
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Related Book For
CCH Federal Taxation 2019 Comprehensive Topics
ISBN: 9780808049081
2019 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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