Carson Wentz, of Philadelphia, determined the following tax information: salary, $144,000; interest earned, $2,000; qualified retirement plan

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Carson Wentz, of Philadelphia, determined the following tax information: salary, $144,000; interest earned, $2,000; qualified retirement plan contribution, $6,000; personal exemption, $4,050; itemized deductions, $10,000. Filing single, calculate Carson's taxable income and tax liability.
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Personal Finance

ISBN: 978-1337099752

13th edition

Authors: E. Thomas Garman, Raymond E. Forgue

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