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Just after entering a cell, a virus
Taxable Income
Income that is subject to taxation, after deductions and exemptions, according to the tax laws.
Standard Deduction
The standard deduction is a fixed dollar amount subtracted from an individual's income before income tax is calculated, reducing taxable income.
Joint Return
A tax return filed collectively by married couples, combining their incomes, exemptions, and deductions.
Taxable Income
The portion of income that is subject to taxation according to the laws and regulations of the taxing authority.
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