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Katherine and Tom are married. They have a 5-year old daughter who lives with them for the entire year. In 2020, they pay real estate
Katherine and Tom are married. They have a 5-year old daughter who lives with them for the entire year. In 2020, they pay real estate and income taxes totaling $9,000 and make charitable contributions of $1,000. Their adjusted gross income for 2020 is $174,000. Compute Katherine and Tom's federal tax liability for 2020. Show all the details of your computations to receive full credit AB 1 iii III US X2 x2 EE + Ff TA X
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