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Sheena Maskell Sheena Maskell
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Charles is a single person, age 35, with no dependents. In 2010, Charles has gross income of $75,000 from his sole proprietorship. Charles also incurs $80,000 of deductible business expenses in connection with his proprietorship. He has interest and dividend income of $22,000. Charles has no itemized deductions. Charles's taxable income is
A) $7,650.
B) $11,300.
C) $13,350.
D) $17,000.
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Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
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Yoko900Yoko900
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Sheena M. Author
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Really helped
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