Question: Problem 3: Terry is a single taxpayer, age 18. Terry has salary of $1,800, interest of $1,600 and Itemized deductions of $600. Requirements: 1.Assuming Terry

Problem 3: Terry is a single taxpayer, age 18. Terry has salary of $1,800, interest of $1,600 and Itemized deductions of $600. Requirements: 1.Assuming Terry is self-supporting, what is Terrys taxable income? 2.Assuming Terry is a dependent for the parents, what is Terrys taxable income?

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