Mr. and Mrs. Sands are both under 65 years of age and have no dependents. Their only
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Mr. and Mrs. Sands are both under 65 years of age and have no dependents. Their only income for the year was his salary of $25,000. During the year they only made a nominal amount of disbursements that qualify as itemized deductions. What is their standard deduction on a 2020 joint return?
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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