Deductible housing expenses Amy $26,000 Bob $34,000 Clark $31,000 Rank them from the most income tax...

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Deductible housing expenses Amy $26,000 Bob $34,000 Clark $31,000 Rank them from the most income tax savings to the least income tax savings. O Bob>Clark>Amy Amy>Clark>Bob Bob>Amy Clark Clark>Amy>Bob O Clark>Bob>Amy Marginal tax bracket 35% 22% 32% Deductible housing expenses Amy $26,000 Bob $34,000 Clark $31,000 Rank them from the most income tax savings to the least income tax savings. O Bob>Clark>Amy Amy>Clark>Bob Bob>Amy Clark Clark>Amy>Bob O Clark>Bob>Amy Marginal tax bracket 35% 22% 32%

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Tax deduction A tax deduction reduces the amoun... View the full answer