Using the information below, prepare a spreadsheet that will calculate an individuals taxable income. The spreadsheet should

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Using the information below, prepare a spreadsheet that will calculate an individual’s taxable income. The spreadsheet should be flexible enough to accommodate single and married taxpayers as well as changes in the information provided below.

Number of dependents .......... 2

Salary .............. $75,000

Interest ............... 8,000

Deductions for adjusted gross income .. 2,800

Deductions from adjusted gross income . 12,100


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Concepts In Federal Taxation

ISBN: 9780324379556

19th Edition

Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher

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