Ch 01 - The Individual Income Tax Return
He has taken depreciation on the house of $35,000 since buying it. He sells it in 2014 for $290,000. ... Roger, age 39, and Lucy, age 37, are married taxpayers who file a joint income tax return for 2014. They have gross income of $26,100. Their deductions for adjusted gross income are $550 and they have itemized deductions of $5,400. If Roger ... ................
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