Karin and Chad (ages 30 and 31, respectively) are married and together have $110,000 of AGI. This year they have recorded the following expenses: Karin and Chad will file married joint with two personal exemptions. Calculate their taxable income.

Question

Karin and Chad (ages 30 and 31, respectively) are married and together have $110,000 of AGI. This year they have recorded the following expenses:  Karin and Chad will file married joint with two personal exemptions. Calculate their taxable income.

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The Answer of Karin and Chad (ages 30 and 31, respectively) are married and together have $110,000 of AGI. This year they have recorded the following expenses:  Karin and Chad will file married joint with two personal exemptions. Calculate their taxable income.

Karin and Chad (Ages 30 and 31, Respectively) Are Married