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Mr. Hanson has net income for tax purposes of $40,000 all of which is investment income. He is a single and provides support for his

Mr. Hanson has net income for tax purposes of $40,000 all of which is investment income. He is a single and provides support for his mother. His mother is a widow who lives with him, and has income of $700 per year.

Determine the maximum amount of 2020 persona tax credits, including transfer from a spouse or dependant, that can be applied against federal tax payable by the taxpayer

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