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1. Your taxable income for 2020 is $70,000, and it will increase by $20,000 due to an investment next year. (20 points) Taxable income (TI),

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1. Your taxable income for 2020 is $70,000, and it will increase by $20,000 due to an investment next year. (20 points) Taxable income (TI), in s 0

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