Using the married filing jointly status and their income and expense statement, calculate the 2017...
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Using the married filing jointly status and their income and expense statement, calculate the 2017 tax liability for Shameka and Curtis Williams. First, use the standard deduction, and then use the following itemized deductions Income Earned Income Interest income $49.000.00 2,000.00 Expenses Home mortgage interest Real estate and state income taxes Miscellaneous deductions $8,000.00 3,650,00 750.00 Explain to the Williams which method they should use and why. Shameka and Curtis' total gross income for the 2017 tax year is $ (Round to the nearest cent.)
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