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QID: #3508
Solution for QID #3508: Assume the standard deduction for a single person is $6,350. | StudyHelpMe
Assume the standard deduction for a single person is $6,350. Daniel Simmons arrived at the following tax information:
Gross salary$60,080 Interest earnings$220 Dividend income$160 Itemized deductions$7,180 Adjustments to income$1,200
What amount would he report as taxable income?
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