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German and Elena were residents of Puerto Rico in 2023. They are both over 65 years old and file a joint return. German is retired
German and Elena were residents of Puerto Rico in 2023. They are both over 65 years old and file a joint return. German is retired from the U.S. Postal Service and Elena is retired from the U.S. Veterans Affairs. Their taxable pensions were $29,000 and $42,000, respectively. 1.2 What is German and Elena's standard deduction? a.$25,900 b. $27,700 c. $29,200 d. $30,700
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
