Question: Nick is married and has three children in college His
Nick is married and has three children in college. His wife is a homemaker. Nick has an adjusted gross income of $ 37,400. If Nick’s standard deduction is $ 11,900, his itemized deductions are $ 12,200, and he gets an exemption of $ 3,800 for himself, his wife, and each dependent, what is his taxable income?
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