Ms. Gleason, an unmarried taxpayer, had the following income items. Salary ............................................................. $40,000 Net income from a

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Ms. Gleason, an unmarried taxpayer, had the following income items.

Salary ............................................................. $40,000
Net income from a rental house ............... 3,200

Ms. Gleason has a four-year-old son who attends a daycare center while she is at work. Ms. Gleason paid $4,380 to this center and has no itemized deductions. Compute her income tax.

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Principles Of Taxation For Business And Investment Planning 2019 Edition

ISBN: 9781260161472

22nd Edition

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

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Question Posted: Jan 18, 2019 04:28 AM

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Ms. Gleason, an unmarried taxpayer, had the following income items. Salary ............................................................. $40,000 Net income from a

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Ms Gleasons AGI 43200 Standard deduction 18000 Taxable income 25200 Pre...View the full answer

Principles Of Taxation For Business And Investment Planning 2019 Edition

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