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Revision as of 18:17, 12 May 2026

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Make sure you are aware of the exemptions used to the link. For example, municipal bonds are generally exempt from federal taxes, and may be exempt from state and native taxes in cases where you are a resident of the state.

This gives us a combined total of $110,901, our itemized deductions of $19,349 and exemptions of $14,600 stay the same, giving us an overall taxable income of $76,952.

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