To determine Ross Martin's taxable income, start with his gross salary of $52,145 and add his interest earnings of $205 and dividend income of $65, giving a total income of $52,415. Next, subtract adjustments to income ($1,200), resulting in an adjusted gross income of $51,215. After that, deduct the standard personal exemption of $3,900 and his itemized deductions of $9,250, leading to a taxable income of $37,065.
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