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QUESTION 11 Marc and Michelle are married and earned salaries this year of $68,000 and $15,000, respectively In addition to their salaries, they received interest
QUESTION 11 Marc and Michelle are married and earned salaries this year of $68,000 and $15,000, respectively In addition to their salaries, they received interest of $350 from municipal bonds and $500 from corporate 10-year-old son $6,000 of and Marc contributed $3,000 to a qualified Individual Retirement Account, and Marc paid alimony to a prior spouse in the amount of $1,500. Marc and Michelle have a who lived with them throughout the entire year Thus, Marc and Michelle are allowed to claim a $2,000 child tax credit for Matthew Marc and Michelle paid that qualify as itemized deductions and they had a total of $5,500 in federal income taxes withheld from their paychecks during the course of the year What is Marc QUESTION 12 Same facts as Question 11-What is Marc and Michelle's adjusted gross income? QUESTION 13 Same facts as Question 11-What is Marc and Michelle's taxable income? QUESTION 14 facts as 11-What is Marc and Michelle's laxes payable or refund due
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