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Sam and Diane are completing their federal income taxes for the year and have identified the amounts listed here. How much can they rightfully deduct?
Sam and Diane are completing their federal income taxes for the year and have identified the amounts listed here. How much can they rightfully deduct?
- AGI: $82,000
- Medical and dental expenses: $9,200
- State income taxes: $3,700
- Mortgage interest: $10,300
- Charitable contributions: $1,400
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