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A single taxpayer provided the following information for 2019: Salary $80,000 Interest on local government bonds (qualifies as a tax exclusion) 4,000 Allowable itemized deductions

A single taxpayer provided the following information for 2019:

Salary

$80,000

Interest on local government bonds

(qualifies as a tax exclusion)

4,000

Allowable itemized deductions

3,000

What is taxable income?

A) $71,000

B) $67,800

C) $80,000

D) $77,000

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