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In the Jane and John example (pre-class work), why is their Adjusted Gross Income (AGI) only $83,000 when their total income is $91,000? Group of
In the Jane and John example (pre-class work), why is their Adjusted Gross Income (AGI) only $83,000 when their total income is $91,000?
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Subtraction for IRA contributions
Subtraction for earned income tax credit
Subtraction for dividends
Subtraction for home mortgage interest
Subtraction for charitable contributions
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