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In 2020, Tom is single and has AGI of$ 50,000. He is age 70, has no dependents, and has itemized deductions (i.e., from AGI) of$
In 2020, Tom is single and has AGI of$ 50,000. He is age 70, has no dependents, and has itemized deductions (i.e., from AGI) of$ 7,000. Determine Tom's taxable income for 2020.
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