Ramon, a single taxpayer with no dependents, has adjusted gross income for 2020 of $98,000 and his

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Ramon, a single taxpayer with no dependents, has adjusted gross income for 2020 of $98,000 and his itemized deductions total $9,000. What taxable income will Ramon show in 2020?
a. $74,950
b. $85,800
c. $79,000
d. $85,600
e. $89,000

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Income Tax Fundamentals 2021

ISBN: 9780357141366

39th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller, Steven Gill

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Question Posted: Sep 24, 2023 05:15 AM

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Ramon, a single taxpayer with no dependents, has adjusted gross income for 2020 of $98,000 and his

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Income Tax Fundamentals 2021

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