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SUBMIT YOUR IDEAI admit, I had to get help from the posted solution for this. Taxes are hard.
my solution
Here's my solution
I'm not paying the solution amounts because they do not subtract the exclusion of Gains ($250k or $500k) from the taxable figure. My accountant came up with a way to save on taxes. I have Janet and Jerry White paying $136,000. Tell me where I went wrong.
If ever there is a reason to use a spreadsheet for this calculation, this is it.
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