Jack and jill are married and have three dependents


Question - Jack and Jill are married and have three dependents children and they file a joint return in 2014. If they wish to minimize their federal income tax liability and have adjusted gross income of $ 90,000 and their itemized deductions are 10,000 what is their taxable income?

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Accounting Basics: Jack and jill are married and have three dependents
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