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Julio earned $75,000 in salary, $2,000 of interest from municipal bonds, received $5,000 in life insurance proceeds and had $3,000 of bank interest income during

Julio earned $75,000 in salary, $2,000 of interest from municipal bonds, received $5,000 in life insurance proceeds and had $3,000 of bank interest income during the year. Julio is not married. He had a total of $10,000 in itemized deductions for the year. What is the amount of Julios taxable income for 2020

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