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1. Jacqueline Cruz generated annual compensation income of $455,000 net of statuary payments. Tax exempt 13th month pay and other bonuses - #30,000. Determine
1. Jacqueline Cruz generated annual compensation income of $455,000 net of statuary payments. Tax exempt 13th month pay and other bonuses - #30,000. Determine the tac due to Jacqueline Cruz based on the following possible tax status of Jacqueline: a. Jacqueline is married with three qualified dependents. b. Jacqueline is married with five dependents.
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