Ulysses and Penelope are married and file separate returns for 2019. Penelope itemizes her deductions on her
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Ulysses and Penelope are married and file separate returns for 2019. Penelope itemizes her deductions on her return. Ulysses’ adjusted gross income was $17,400, his itemized deductions were $2,250. Neither have any dependents. Calculate Ulysses’ income tax liability assuming the couple does not live in a community property state.
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Adjusted gross income 17400 Less Itemized deductions 2250 Taxable income 15150 U...View the full answer
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Related Book For
Income Tax Fundamentals 2020
ISBN: 9780357108239
38th Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
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