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You have earned 60,000 this year in income. You have $7,000 in itemized tax deductions. The standard deduction is $12,950. What should you do to
You have earned 60,000 this year in income. You have $7,000 in itemized tax deductions. The standard deduction is $12,950. What should you do to minimize income on which you pay taxes? a)File a 1040 using your itemized deductions to save the most in taxes b)File a 1040EZ c)You don't need to file taxes this year d)Take the standard deduction
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Managerial Accounting
Authors: Ronald W Hilton
7th Edition
0073022853, 978-0073022857
