Question
A married couple with 3 children is filing taxes jointly. They have a gross income of $139,564, and they made the following tax-deductible purchases: Charitable
A married couple with 3 children is filing taxes jointly. They have a gross income of $139,564, and they made the following tax-deductible purchases:
Charitable contributions: $6,339
Medical expenses: $2,169
Mortgage interest: $4,391
Compute their final income tax using the following information:
Round your answer to the nearest dollar.
Recall the standard deduction for married filers: $25,900
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
