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I'm curious to know, given my recent income of $75,000, what would be the appropriate amount of federal tax that I should pay? Could you please provide me with an estimation or a general guideline on how to calculate this? It's important for me to ensure that I'm compliant with tax regulations and fulfill my tax obligations. Additionally, would there be any deductions or exemptions that I could potentially apply to reduce my taxable income? I'd appreciate your insights on this matter as I navigate through the complexities of personal finance and taxation.
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