Sam and Elizabeth Jefferson file a joint return and have three childrenall of whom qualify as dependents.

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Sam and Elizabeth Jefferson file a joint return and have three children—all of whom qualify as dependents. If the Jeffersons have AGI of $332,000, what is their allowable deduction for personal and dependency exemptions for 2015?

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South Western Federal Taxation 2016 Individual Income Taxes

ISBN: 9781305393301

39th Edition

Authors: James H. Boyd, William H. Jr. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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