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In 2015,Tom Is Single and Has AGI of $50,000

question 93

Essay

In 2015,Tom is single and has AGI of $50,000.He is age 70,has no dependents,and has itemized deductions (i.e. ,from AGI) of $7,000.Determine Tom's taxable income for 2015.


Definitions:

Major Premise

In a categorical syllogism, the premise in which the major term appears.

Syllogism

A form of deductive reasoning that consists of two premises followed by a conclusion, based on the relationship between the premises.

Mammals

Warm-blooded vertebrates characterized by the presence of mammary glands which females use to nourish their young.

Minor Term

In logic, specifically in syllogisms, the term that is the subject of the conclusion.

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