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  • 3 years ago

Jeffrey earned a gross income of $67,930 last year. He made $2,173.93 in student loan interest deductions, donated $2,824 to his favorite charities and paid $3,117.56 in home mortgage interest. Jeffrey claims a standard deduction of $11,400 for himself and his non-working spouse. If their exemption is $7,300, what is their taxable income? $47,056.07 $52,514.51 $43,938.51 $41,114.51

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