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Carl and Carol have salaries of $14,000 and $22,000, respectively. Their itemized deductions total $6,000....

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Accounting

Carl and Carol have salaries of $14,000 and $22,000, respectively. Their itemized deductions total $6,000. They are married and both are under age 65.

  1. Compute their taxable income assuming they file jointly.

  2. Compute their taxable incomes assuming they file separate returns and that Carol claims all of the itemized deductions.

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