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What is taxable income for 2020

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Reference no: EM132820101

1. Bess Norman is single and has the following sources of income in 2020:

Social security benefits $13,550

Taxable Interest income $6,930

Dividend income $7,480

Tax-exempt interest income $11,204

Ms. Norman is 72 years of age and is not blind and has 12,550 in itemized deductions. What is her taxable income for 2020?

Reference no: EM132820101

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