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USA ACT Alioune, who is single and 40 years old, has the following income and expenses: salary $100,000, dividend income $3,000, short-term capital gain $1,000,
USA ACT
Alioune, who is single and 40 years old, has the following income and expenses: salary $100,000, dividend income $3,000, short-term capital gain $1,000, IRA contribution $2,000, $6,000 of itemized deductions. He cannot be claimed as a dependent of any other person. What is Alioune's taxable income in 2021? 1 ptStep by Step Solution
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