Consider gross earnings of $80,000 The standard deduction is $12,000 and itemized deduction is $8,000 Social security tax rate is 6 2 Medicare tax rate is 1 45 How much is the taxable income (for federal income tax) Consider gross earnings of $80,000 The standard deduction is $12,000 and itemized ...

Consider gross earnings of $80,000. The standard deduction is $12,000 and itemized deduction is $8,000....

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Consider gross earnings of $80,000. The standard deduction is $12,000 and itemized deduction is $8,000....

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