David, a calendar year married taxpayer, files a joint return for this year. Information for...
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Accounting
David, a calendar year married taxpayer, files a joint return for this year. Information for the year includes the following: AGI (including wagering gains)$371,800 State income taxes 15,000 Charitable contributions 16,000 Wagering losses (wagering gains were $22,000) 20,000 David's allowable itemized deductions for the year are:
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