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Gene Is Single and for 2010 Has AGI of $40,000

Question 102

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Gene is single and for 2010 has AGI of $40,000.He is age 65 and has no dependents.For 2010,he has itemized deductions from AGI of $7,000.Determine Gene's taxable income for 2010.

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$29,250.Gene's standard deductions are $...

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