Question
Vicky and Victor Valle filed jointly in 2020 and they have one dependent child. They reported $26,000 of itemized deductions and $1,200 for the qualified
Vicky and Victor Valle filed jointly in 2020 and they have one dependent child. They reported $26,000 of itemized deductions and $1,200 for the qualified business income deduction. The 2020 standard deduction amount for MFJ is $24,800. What is the total amount of from AGI deductions they are allowed to claim on their 2020 tax return
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Accounting In Emerging Economies
Authors: Mathew Tsamenyi
1st Edition
1849506256, 9781849506250
