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Barack and Michelle Obama*, a married couple with three daughters (age 15, an 18 year old freshman at GCC and the oldest is 23 and
Barack and Michelle Obama*, a married couple with three daughters (age 15, an 18 year old freshman at GCC and the oldest is 23 and a full-time graduate student at ASU West), have income, expenses, and other expenditures for the year as follows. They file a joint return. Compute the amount of: a) taxable income, b) income taxes, and c) amount of tax to be paid (refunded) * Bill Clinton will have Secret Service protection for life. Due to a change in the law, all later Presidents will only receive protection for 10 years after leaving office
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