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What taxable income will ramon show

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Reference no: EM132917362

Problem 1: Ramon, a single taxpayer with no dependents, has adjusted gross income for 2020 of $98,000 and his itemized deductions total $9,000. What taxable income will Ramon show in 2020?

Option 1: $74,950
Option 2: $85,800
Option 3: $79,000
Option 4: $85,600
Option 5: $89,000

Reference no: EM132917362

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