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Nick and Nora are married and has three children in college. They have an adjusted gross income of $$41,000. If the standard deduction is $12,600

Nick and Nora are married and has three children in college. They have an adjusted gross income of

$$41,000.

If the standard deduction is

$12,600

itemized deductions are

$13,261

and they get an exemption of

$4,000

for each adult and each dependent, what is their taxable income?

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