Emma,a single taxpayer,obtains permission to change from a calendar year to a fiscal year ending June 30,2015.During the six months ending June 30,2015,she earns $40,000 and has $8,000 of itemized deductions.What is the amount of her annualized income?
A) $30,000
B) $64,000
C) $60,000
D) $64,300
Correct Answer:
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