John and sue smith are a married couple who file a joint income tax return. they have two children, so they claim a total of 4 exemptions (based on calendar year 2015 tax law, a personal exemption of $4,000 per person or dependent can be deducted from total income). in addition, they have legitimate itemized deductions totaling $25,750. their total income from wages is $237,500. what is the couple’s taxable income? $195,750 $221,500 $229,500 $205,750
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Computers and Technology, 24.06.2019 14:30, yeet74
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Business, 12.09.2019 04:30, barbie1salome
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John and sue smith are a married couple who file a joint income tax return. they have two children,...
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