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A single individual with two dependents works at a bank and earns wages of $50,000. She received a $6,000 gift from a parent to go
A single individual with two dependents works at a bank and earns wages of $50,000. She received a $6,000 gift from a parent to go to Europe and inherited $10,000 from an uncle when he died. Her municipal bond paid $500 interest. This individual has itemized deductions of $7,000. What is the tax liability?
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