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Pyuish and Vi Kashia File a 1040 Jointly

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Pyuish and Vi Kashia file a 1040 jointly. Pyuish earned $37,570 and Vi earned $41,230. The Kashias have three children. Both Pyuish and Vi contributed $2,000 to their IRAs. They had $3,129 in medical and dental expenses. They paid $2,670 in real estate taxes, $1,220 in student loan interest, $4,890 in mortgage interest, and made $3,000 in charitable contributions. What is their taxable income?


Definitions:

Iron Cage

A concept introduced by Max Weber to describe the increased rationalization inherent in social life, particularly in Western capitalist societies.

Macroscopic Culture

A term referring to the wide-scale cultural patterns and institutions that shape societies as wholes, as opposed to localized, individual cultural practices.

Microscopic Individual

A term describing a closer, detailed focus on individual agents or small-scale phenomena, often used in contrast with macro-level analyses.

Symbolic Interactionism

A sociological perspective that focuses on the symbols and meanings people create and how these influence human interaction.

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