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Oscar and Diane separated in June of this year although they continue to live in the same town. They have twin sons, Blake and Cliff, who remain in the family home with Diane. Oscar's income this year was $45,000 while Diane worked only part- time and made $15,000. Oscar also gambles heavily but told Diane that he had no winnings this year. What tax issues should they consider?
Family Of Four
A social unit consisting of two parents and their two children, commonly referenced in statistical analyses and economic studies as a household size standard.
Black Poverty
The state of economic deprivation affecting the African-American community, characterized by high rates of unemployment and low income.
Black Male Joblessness
The condition where African American males are disproportionately represented in unemployment statistics, reflecting systemic issues and labor market discrimination.
Lower Incomes
This refers to individuals or families that earn less than the median income level, often characterized by limited financial resources.
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