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Augustus1 Augustus1
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7 years ago
Bill and Hillary have two children whom they support and who live in their home. Timmy is 17 and has earned income of $5,000 for the year. Their other child, Tommy, is 15. Hillary's mother also lives with them and may be claimed as their dependent. She is 89 years old. Their adjusted gross income for 2010 is $130,000.

Required: Compute Bill and Hillary's taxable income if they file a joint return and they do not itemize deductions.
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
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We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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Yoko900Yoko900
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7 years ago
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Augustus1 Author
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#2
7 years ago
Your explanation helped, amazing amazing!
We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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