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Bao had $72,168 of income from wages and $201 of taxable interest. Bao also made contributions of $2,300 to a tax-deferred retirement account. Bao
Bao had $72,168 of income from wages and $201 of taxable interest. Bao also made contributions of $2,300 to a tax-deferred retirement account. Bao has 2 dependents and files as head of household. What is Bao's total income? What is Bao's adjusted gross income? For Bao's filing status, the standard deduction is $9,250, and the exemption amount is $4000 per exemption. What is Bao's taxable income?
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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
