When filing jointly, Melvin and Sylvia have a standard deduction of $11,400, they can claim one exemption for each of them for $
3650 each, and they don't have any additional adjustments to income. What is their taxable income?
1 answer:
add standard deduction and exemption: 5700 + 3650 = 9350
subtract from each of their incomes and that will be the taxable income:
Melvin: 44500 - 9350 = 35150 taxable income
Sylvia: 51200 - 9350 = 41850 taxable income
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Answer:
36 times
Step-by-step explanation:
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9.2=18
54-18=36
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