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4. Imari Brown arrived at the following tax information: Gross salary, $36,145 Additional small business income, $10,000 Interest earnings, $205 Dividend income, $65 Standard deduction,
4. Imari Brown arrived at the following tax information: Gross salary, $36,145 Additional small business income, $10,000 Interest earnings, $205 Dividend income, $65 Standard deduction, $12,000 Itemized deductions, $14,250 Adjustments (subtractions) to income, $5,000 What amount would Imari report as taxable income? (LO 4.2) Income = itemized deduction = $14,250 (VS. standard deduction?) Adjustments to income = -$5,000 Taxable income = $
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