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Larry and Lilly have been married for 20 years. During this time, they have had two children, John and Hania. Gradually, over the past 10
Larry and Lilly have been married for 20 years. During this time, they have had two children, John and Hania. Gradually, over the past 10 years, they have been growing increasingly distant from each other as a result of hectic career schedules. Because of this, they had separated and have recently filed for divorce. Prior to the divorce proceedings finishing up, they need to finalize support payments. Per the federal tables, Larry is obligated to pay monthly child support of $1,000. If Larry's income for next year was 98,000, how much should he include as taxable income for next year's income tax filing ? Please round your answer to the nearest dollar, and do not use any symbols (i.e.: dollar sign, comma, or a decimal in your answer) For example: if your answer is $1,820.50 then it should be input as 1821
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