Mr. Olaf earned an $89,000 salary, and Mrs. Olaf earned a $40,330 salary. The couple had no

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Mr. Olaf earned an $89,000 salary, and Mrs. Olaf earned a $40,330 salary. The couple had no other income and can't itemize deductions.

a. Compute their combined tax if they choose to file separate returns.

b. Compute their tax if they file a joint return.

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Principles Of Taxation For Business And Investment Planning 2019 Edition

ISBN: 9781260161472

22nd Edition

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

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Question Posted: Jan 21, 2019 11:26 AM

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Mr. Olaf earned an $89,000 salary, and Mrs. Olaf earned a $40,330 salary. The couple had no

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a Mr Olafs total income 89000 Standard deduction 12000 Taxable income ...View the full answer

Principles Of Taxation For Business And Investment Planning 2019 Edition

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