Pat has a dependent daughter and files as head of household. She has AGI of $375,000. What percentage of the $4,000 personal exemption and $4,000 dependency exemption may she deduct on her 2014 income tax return?
A) 0 percent
B) 74 percent
C) 26 percent
D) 37 percent
E) 100 percent
Correct Answer:
Verified
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