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Jake and Paula are married and they live in Illinois. This year Jake earned $92,000 and Paula earned $120,000. They also receive $4,000 interest income
Jake and Paula are married and they live in Illinois. This year Jake earned $92,000 and Paula earned $120,000. They also receive $4,000 interest income from a joint saving account. How much of the gross income would they report if they files married-filing-jointly?
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