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Problem - Wanda is a single parent (divorced). She has a 5-year-old daughter. She receives the following items of answered income during the year:
Wages $33,000
Child support $9,600
Workers compensation $14,000
Commissions $8,000
Interest $300
A gift from her grandfather $10,000
Required - What is the amount of taxable income Wanda received during the year?
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