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If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your income tax bill is going to be approximately three thousand dollars.

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You haven’t so much committed fraud or willful lanciao. You cannot wipe out tax debt if you filed an incorrect or fraudulent tax return or willfully attempted to evade paying taxes. For example, ought to you under reported income falsely, you cannot wipe out the debt after you have caught.

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