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34. Rank the following three single taxpayers in order of the magnitude of taxable income) from lowest to highest) and explain your results. Compute the
34. Rank the following three single taxpayers in order of the magnitude of taxable income) from lowest to highest) and explain your results. Compute the taxable income for all three and rank them according to their taxable value. Ahmed Baker: Chin: Gross income 90,000 90,000 90,000 Deductions for AGI 14,000 7000 itemized deductions O |7,000 14000 Deductions for qualified business income 0 2000 10,000 35
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