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You have an adjusted gross income of $150,000 and itemized deductions of $10,000. Your spouse has an adjusted gross income of $88,000 and itemized deductions
You have an adjusted gross income of $150,000 and itemized deductions of $10,000. Your spouse has an adjusted gross income of $88,000 and itemized deductions of $15,000. Compute both of your tax liabilities as single taxpayers and married filing jointly. Assume they prepare their own taxes, should they file their taxes together or separately? What is your spouse's total tax amount
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