Question: Assume the standard deduction for a single person is $6,350. Daniel Simmons arrived at the following tax information: Gross salary Dividend income Itemized deductions $

 Assume the standard deduction for a single person is $6,350. Daniel

Assume the standard deduction for a single person is $6,350. Daniel Simmons arrived at the following tax information: Gross salary Dividend income Itemized deductions $ 62,320 Interest earnings $ 160 One personal exemption $ 7,620 Adjustments to income $ 220 $ 4,050 $ 1,250 What amount would he report as taxable income? Taxable income

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