Unformatted text preview: $500 Gross income $49,800 Less: Itemized deductions $12,000 $37,800 Less: Exemptions $10,950 Taxable income $26,850 Problem 6-29 a) Not deductible b) Not deductible c) Not deductible d) Deductible e) Not deductible f) Not deductible Problem 6-34 No this cannot occur....
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- Spring '11
- Anderson
- Interest, Taxation in the United States, rental income, Income Gross Income, Barbara Problem
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