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Theresa and Oliver, married filing jointly, and both over 65 years of age, have no dependents. Their 2013 income tax facts are: Theresas wages $165,000

Theresa and Oliver, married filing jointly, and both over 65 years of age, have no dependents. Their 2013 income tax facts are:

Theresas wages $165,000

Olivers wages 33,000

Short-term capital gain 36,000

Long-term capital loss (41,000)

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