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Question 1 4 pts Examples 4-1 through 4-4 of your textbook examine the calculation of taxable income for the Halls. The facts below are
Question 1 4 pts Examples 4-1 through 4-4 of your textbook examine the calculation of taxable income for the Halls. The facts below are different, but you may find it helpful to reference these examples while working the problem. Please calculate the Halls' taxable income assuming the following facts. The Halls have gross income of $130,600 (as computed in Example 4-1). For 2020, the Halls' for AGI deductions total $6,500, they have $22,000 of eligible itemized deductions, and they have $20,000 of qualified business income.
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