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If you add a C-Corporation into the business structure you can aid in eliminating your taxable income and therefore be qualified for some of those deductions for the purpose your current income is too high. Remember, a C-Corporation is specific to it individual individual.

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 a complete taxable income of $76,952.

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