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Randy (single) had 565.000 of Adjusted Gross income included in this income is 53 000 of gambling winnings. Randy had the following tomized deduction Medical
Randy (single) had 565.000 of Adjusted Gross income included in this income is 53 000 of gambling winnings. Randy had the following tomized deduction Medical Expenses $6.000 Gambling loss 54.250 Property & State Taxes $12.000 Charitable contributions 12.500 Calculate the maximum allowable itemized deductions Randy (single) had $85,000 of Adjusted Gross Income. Included in this income is $3,000 of gambling winnings Randy had the following itemized deductions Medical Expenses $6,000 Gambling losses $4,250 Property & State Taxes $12,000 Charitable Contributions $2,500 Calculate the maximum allowable itemized deductions
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Studies Of Company Records (RLE Accounting)1830-1974
Authors: J. R. Edwards
1st Edition
1138983306, 9781138983304
