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Question content area top Part 1 AlAl , who is single, retired from his job this year. He received a salary of $ 2 4

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Part 1
AlAl, who is single, retired from his job this year. He received a salary of $ 24 comma 000$24,000 for the portion of the year that he worked, tax-exempt interest of $ 2 comma 000$2,000, and dividends from domestic corporations of $ 2 comma 600$2,600. On AugustAugust 1, he began receiving monthly pension payments of $ 1 comma 500$1,500 and Social Security payments of $ 500$500. Assume an exclusion ratio of 40%40% for the pension. AlAl owns a duplex that he rents to others. He received rent of $ 15 comma 000$15,000 and incurred $ 18 comma 000$18,000 of expenses related to the duplex. He continued to actively manage the property after he retired from his job.

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