Melanie and Jim, homeowners, have mortgage interest of $13,000, real estate taxes of $10,000, and...
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Accounting
Melanie and Jim, homeowners, have mortgage interest of $13,000, real estate taxes of $10,000, and charitable contributions of $1500. According to their filing status, a standard deduction of $24,000 is allowed. How much should the couple deduct on their tax return?
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