What is their taxable income

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Reference no: EM13133533

Peter, age 67, and Lois, age 66, file a joint return and have adjusted gross income of $89,000. They have charitable contributions of $2,500; deductible taxes of $4,000 and deductible mortgage interest of $7,000. They have 4 dependents. What is their taxable income?

Reference no: EM13133533

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