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You earn $65,000/year in your first job after graduating from TAMUSA. You contribute $500/month to...

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Accounting

You earn $65,000/year in your first job after graduating from TAMUSA. You contribute $500/month to your retirement account. You have itemized deductions of: Property tax = $3,250; Charitable contributions = $800; State sales tax = $950; Mortgage interest = $1,725. Assume you are filing single and the Standard Deduction is $12,400.

What is your taxable income?

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