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Cindys mother, Helga, has gifted all four of the children with stocks and bonds over the years. Mary has $3,500 in interest income in 2016.

Cindys mother, Helga, has gifted all four of the children with stocks and bonds over the years. Mary has $3,500 in interest income in 2016. How much of this income will be taxable to Mary after allowing for her personal exemption and standard deduction? Assume today is January 1, 2017.

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