tanya5192 tanya5192

07-05-2017
Mathematics

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Steve's adjusted gross income is $70000. Steve is married and has three children. What is Steve's taxable income if he is filling a joint return and chooses to take the standard deduction of $11,400? (Use $3,650 for each personal exemption.)

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07-05-2017

40,350
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70,000-11,400-5(3,650). It's 5cuz him plus wife plus3 kids

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