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    Principles of Taxation
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    Exam 14: The Individual Tax Formula
  5. Question
    MrAnd MrsKline File a Joint Return on Which They Claim the the Standard
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MrAnd MrsKline File a Joint Return on Which They Claim the the Standard

Question 70

Question 70

True/False

Mr.and Mrs.Kline file a joint return on which they claim the standard deduction and two exemptions.If the taxable income on their return is $55,300,they are not paying a marriage penalty.

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