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Bryan Is 62 Years Old and Lives Alone

Question 103

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Bryan is 62 years old and lives alone. This year he has received $25,000 in taxable interest and pension payments, and he has paid the following expenses: Bryan is 62 years old and lives alone. This year he has received $25,000 in taxable interest and pension payments, and he has paid the following expenses:   If Bryan files single with one personal exemption, calculate his taxable income. If Bryan files single with one personal exemption, calculate his taxable income.

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$13,050 = $25,000 − $7,900 − $4,050
Brya...

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