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Consider the actual federal income tax brackets for single filers in 2 0 2 1 presented below Imagine Mr . Jones, a professor at the
Consider the actual federal income tax brackets for single filers in presented below Imagine Mr Jones, a professor at the Maurer School of Law, will earn $ in this is his total income He will contribute $ to the Individual Retirement Account IRA so his adjusted gross income will be $ He will not use itemized deductions but instead will claim a standard deduction of $ You can assume he will not claim any other exemptions or tax credits. What will be Mr Jones' taxable income?
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