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Use the 2012 marginal tax rates to compute the tax owed by the following person. a single male, no dependents. Gross income: $ 97,000 Deductions:

Use the 2012 marginal tax rates to compute the tax owed by the following person. a single male, no dependents.

Gross income: $ 97,000	Deductions: $27,000 mortgage interest $41674167 property taxes $2000 charitable contributions
Adjustments: $20002000	Tax credit: none

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