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  3. your gross income is $92 thousand. the standard de

Your gross income is $92 thousand. The standard deduction is $12000. You contributed $7 thousand...

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Accounting

Your gross income is $92 thousand. The standard deduction is $12000. You contributed $7 thousand to your traditional 401k, and your employer made a matching contribution of 50 cents on the dollar. You also contributed to your Roth IRA for the year, making an $5500 contribution. What is your taxable income for the year

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