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Filing Status: Single, no dependents Earned income: $35,000 Interest income: $200 Adjustment to income: Contribution to an Individual Retirement Account (IRA): $1,200 Standard deduction:
Filing Status: Single, no dependents Earned income: $35,000 Interest income: $200 Adjustment to income: Contribution to an Individual Retirement Account (IRA): $1,200 Standard deduction: $12,550 Current payroll withholding: $3,755 Question1. Tax refund or tax due? Question 2. How much?
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Survey of Accounting
Authors: Carl S Warren
5th Edition
9780538489737, 538749091, 538489731, 978-0538749091
