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Which of the following is true? a . Taxable Income = Adjusted Gross Income Personal Deductions + Personal Exemptions ) b . Taxable Income =

Which of the following is true?

.

Taxable Income

=

Adjusted Gross Income Personal Deductions

+

Personal Exemptions

)

.

Taxable Income

=

Adjusted Gross Income Personal Deductions

+

Personal Exemptions

+

Credits

)

.

Taxable Income

=

Adjusted Gross Income Personal Deductions

+

Personal Exemption

)

.

Taxable Income

=

Adjusted Gross Income

+

Credits

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