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QUESTION
Given the following Data, calculate the adjusted gross income (AGI) for David Brown's family. What are their total itemized deductions?
Given the following Data, calculate the adjusted gross income (AGI) for David Brown's family. What are their total itemized deductions? How many personal exemptions do they receive, and how muhc does that save them in taxes if each exemption is worth $3,650 and they are in the 15% marginal tax bracket?
