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Question 62 of 75. All of the following tax situations are accurately depicted for a resident of Kentucky EXCEPT: Becky (29) is a single taxpayer

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Question 62 of 75. All of the following tax situations are accurately depicted for a resident of Kentucky EXCEPT: Becky (29) is a single taxpayer required to file a Kentucky tax return. She qualities for a federal American Opportunity Credit in the amount of $3.612. Becky is taking undergraduate courses at Middle Tennessee State University and qualities for Kentucky's Education Tuition Tax Credit. Daryl (29) is a single taxpayer with one dependent. His modified adjusted gross income is $20,000. His Family Size Tax Credit percentage is 30%, and his Income Gap Credit is $27 Louise (68) worked for Carl Brothers, Inc, for many years, and only recently retired. In 2019, she received federally tacable pension income of $32,649. She will be able to exclude $31,110 of this income on her Kentucky return In 2019, Mark (38) received $69,219 in wages and $212 in tax-exempt municipal bond interest. $169 of the interest was on bonds issued in Kentucky. The remainder was from bonds issued in Tennessee. Mark will have to make an adjustment to his Kentucky tax return for the tax exempt interest received on bonds issued in Tennessee

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