What are 4 examples of deductions?
Say you're a single taxpayer who makes $65,000 per year. If you take the $12,950 standard deduction for single taxpayers on your 2022 federal income tax return, you can subtract $12,950 from the amount you owe income tax on. This would mean you only owe federal income tax on $52,050 of your income.
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[PDF] INTRODUCTION TO STATUTORY INTERPRETATION
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[PDF] Statutory Issue Paper No 112 Accounting for the Costs of Computer
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