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Ruth and Greg are married and earned a joint income of $62,000 in 2020. They paid a total of $5,500 in 2020 for benefits, such
Ruth and Greg are married and earned a joint income of $62,000 in 2020. They paid a total of $5,500 in 2020 for benefits, such as their health insurance coverage. They paid $3,298 in state and local taxes and gave $1,200 to charity in 2020. They have no other tax deductible expenses and no other special adjustments to their taxable income. Find their taxable income for 2020?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
