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Single filer taxable income is: At least - But less than - Your tax is -$52,500 $53,000 $7,520 -$53,000 $53,500 $7,620 -$53,500 $54,000 $7,720 -$54,000
Single filer taxable income is:
At least - But less than - Your tax is
-$52,500 $53,000 $7,520
-$53,000 $53,500 $7,620
-$53,500 $54,000 $7,720
-$54,000 $54,500 $7,820
-$54,500 $55,000 $7,920
2. Identify at least two strategies that you could utilize to reduce your income taxes. It is assumed that you do not currently practice any type of income tax planning, so you can "think outside of the box" when answering this question. (5 points)
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