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A single taxpayer provided the following information: Salary $45,000 Interest Income from a state bond $5,000 Allowable itemized deductions $8,000 What is taxable income? Hint,

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A single taxpayer provided the following information: Salary $45,000 Interest Income from a state bond $5,000 Allowable itemized deductions $8,000 What is taxable income? Hint, look at the tax formula. $37,000$32,050$37,050$19,100

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