Tarik,a Single Taxpayer,has AGI of $55,000 Which Includes $1,000 of Qualified

question 97

Multiple Choice

Tarik,a single taxpayer,has AGI of $55,000 which includes $1,000 of qualified dividends.Tarik has $7,000 of itemized deductions.What is his 2017 federal income tax?

• A)$7,638
• B)$6,626
• C)$7,739
• D)$6,726

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Definitions:

George Homans

An American sociologist known for his work in developing social exchange theory, which posits that the exchange of goods, services, and social values plays a key role in the formation of social relationships.

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The principle that success in a certain activity or field encourages continued action and effort in that or similar activities.

Preferences

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Availability of Resources

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