Question
(Using the numbers for 2020 tax year filings) Angelas adjusted gross income (AGI) is $65,000. She does not own a home, but has charitable contributions
(Using the numbers for 2020 tax year filings)
Angelas adjusted gross income (AGI) is $65,000. She does not own a home, but has charitable contributions of $2,500. This year she also had medical expenses of $15,000. She is allowed a standard deduction of $12,400. What is her taxable income?
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Investments Analysis And Management
Authors: Charles P. Jones, Gerald R. Jensen
14th Edition
1119578078, 978-1119578079
