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The Inouyes filed jointly in 2018.Their AGI is $78,000.They reported $2,000 of qualified business income and $22,000 of itemized deductions.They have two children,one of whom qualifies as their dependent as a qualifying child.The 2018 standard deduction amount for MFJ taxpayers is $24,000.What is the total amount of from AGI deductions they are allowed to claim on their 2018 tax return?
Chaotic
In a state of complete disorder and confusion, often used to describe situations, processes, or natural systems that are unpredictable or lack organization.
Rembrandt
A Dutch painter and etcher, Rembrandt van Rijn, known for his masterful use of light and shadow and contributions to Baroque art.
Night Watch
A 1642 painting by Rembrandt van Rijn, famous for its dramatic use of light and shadow, which portrays a company of Dutch militiamen.
Reduced in Size
A term indicating something has been made smaller or more compact in dimensions or scale.
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