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Svetlanka [38]
2 years ago
11

All you need to know to do your taxes is your gross income. True or False

Business
1 answer:
Virty [35]2 years ago
6 0

Answer: Taxable income starts with gross income, then certain allowable deductions are subtracted to arrive at the amount of income you're actually taxed on. Tax brackets and marginal tax rates are based on taxable income, not gross income.

sooo no

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