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help please Duning 2020. Richard and Denisa, who are married and have two dependent children, have the following income and losses. Total salanes Bank account
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Duning 2020. Richard and Denisa, who are married and have two dependent children, have the following income and losses. Total salanes Bank account interest Dinsdena income Short-term capital gains Short-term capital losses $150,000 25,000 5.000 4,000 (1,500) Therals incurred the folloning expenses. Qualize medical expenses State income taxes paid Property taxes on home Qualted residence interest Invesment interest expense Cash charitable contributions $ 6,000 12,000 2,300 9,000 7,500 15,000 Compute Richard and Denisa's taxable income for the year. (Show all calculations in good form.)Step by Step Solution
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