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In 2018 the exemption amount is $0 and the standard deduction for single taxpayers is $12,000. In 2018, Jim is single, has salary income of
In 2018 the exemption amount is $0 and the standard deduction for single taxpayers is $12,000. In 2018, Jim is single, has salary income of $40,000 and paid $2,000 of interest on a qualified educational loan.Jim's AGI and taxable income are:
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