Question
In 2020, Raoul & Ayesha , married filing joint taxpayers, have adjusted gross income of $430,000. Their AGI includes $10,000 of interest income. They have
In 2020, Raoul & Ayesha , married filing joint taxpayers, have adjusted gross income of $430,000. Their AGI includes $10,000 of interest income. They have no dependents and have $50,000 of itemize deductions. What is their 2020 federal income tax? (PLEASE SHOW ALL WORK)
A) $83,631
B) $83,829
C) $89,212
D) $89,404
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Financial Accounting An International Perspective
Authors: Arne Kinserdal
2nd Edition
0273631543, 978-0273631545
