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Find the gross income, the adjusted gross income, and the taxable income. A single man earned wages of $96,800, received $540 in interest from a
Find the gross income, the adjusted gross income, and the taxable income. A single man earned wages of $96,800, received $540 in interest from a savings account and contributed $10,400 to a tax-deferred savings plan. He is entitled to a standard deduction of $18,800. The interest on his home mortgage was $7100, he paid $2925 in property taxes, and he contributed $9680 to charity. Gross income = $ Adjust gross income = $ Taxable income = $ (Do not type dollar symbol. Type a whole number. Do not type space.)
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