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Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross income: $95,000 Adjustments: $3000
Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross income: $95,000 Adjustments: $3000 Deductions: $33,000 mortgage interest $4830 property taxes $1000 charitable contributions Tax credit: none
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