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Business, 08.04.2020 01:27 markleal9484

Charles is a single person, age 35, with no dependents. In 2015, Charles has gross income of $75,000 from his sole proprietorship. Charles also incurs $80,000 of deductible business expenses in connection with his proprietorship. He has interest and dividend income of $22,000. Charles has no itemized deductions. Charles's taxable income is

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Charles is a single person, age 35, with no dependents. In 2015, Charles has gross income of $75,000...

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