Getting Rid Of Tax Debts In Bankruptcy: Difference between revisions

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Revision as of 10:46, 12 September 2026

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That makes his final adjusted gross income $57,058 ($39,000 plus $18,058). After he takes his 2006 standard deduction of $6,400 ($5,150 $1,250 for cibai age 65 or over) coupled with a personal exemption of $3,300, his taxable income is $47,358.