normarui87 normarui87

25-01-2021
Business

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All you need to know to do your taxes is your gross income.
True or False

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starrmarcelin07 starrmarcelin07

25-01-2021

Answer: Taxable income starts with gross income, then certain allowable deductions are subtracted to arrive at the amount of income you're actually taxed on. Tax brackets and marginal tax rates are based on taxable income, not gross income.

sooo no

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