Mr. and Mrs. Dell, ages 29 and 26, file a joint return and have no dependents for the year. Here is their relevant information.
Compute their adjusted gross income (AGI) and taxable income.
A) AGI $64,900; taxable income $45,400
B) AGI $58,700; taxable income $37,100
C) AGI $58,700; taxable income $39,200
D) AGI $64,900; taxable income $37,100
Correct Answer:
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