Question: Mr C an unmarried individual had the following income items

Mr. C, an unmarried individual, had the following income items:
Interest income ………………………………… $ 14,200
Ordinary loss from an S corporation ………….. (8,400)
Ordinary income from an LLC ………………… 179,000
He had $17,300 itemized deductions and no dependents. Compute Mr. C’s income tax.

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  • CreatedNovember 03, 2015
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