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Teddy, a Single Man, Has $5,000 of Taxable Dividends, $3,000

Question 42

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Teddy, a single man, has $5,000 of taxable dividends, $3,000 of interest income from State of Oregon bonds, a $5,000 long-term capital gain, and $9,000 of Social Security benefits. What is Teddy's adjusted gross income?

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$5,000 of taxable dividends + ...

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