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Charles is a single person, age 35, with no dependents in 2015, Charles has gross income of 560,000 from his sole proprietorship. Charles also income
Charles is a single person, age 35, with no dependents in 2015, Charles has gross income of 560,000 from his sole proprietorship. Charles also income $70,000 if deductible business expenses in connection with h is proprietorship. He has interest and dividend income of $22,000. Charles has no itemized deductions. Charles's taxable income is: (Show work)
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