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2 parts pleaee and thank you! Problem 14-08 (Static) [LO 14-5] Mr. Olaf earned an $89,000 salary, and Ms. Olaf earned a $40,330 salary. The
2 parts pleaee and thank you!
Problem 14-08 (Static) [LO 14-5] Mr. Olaf earned an $89,000 salary, and Ms. Olaf earned a $40,330 salary. The couple had no other income and cannot itemiz deductions. Assume the taxable year is 2022. Use Individual Tax Rate Schedules and Standard Deduction Table. Required: a. Compute their combined tax if they choose to file separate returns. b. Compute their tax if they file a joint return. Complete this question by entering your answers in the tabs below. Compute their combined tax if they choose to file separate returns. Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. Mr. Olaf earned an $89,000 salary, and Ms. Olaf earned a $40,330 salary. The couple had no other income and cannot itemize deductions. Assume the taxable year is 2022. Use lndividual Tax Rate Schedules and Standard Deduction Table. Required: a. Compute their combined tax if they choose to file separate returns. b. Compute their tax if they file a joint return. Complete this question by entering your answers in the tabs below. Compute their tax if they file a joint return. Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. Problem 14-08 (Static) [LO 14-5] Mr. Olaf earned an $89,000 salary, and Ms. Olaf earned a $40,330 salary. The couple had no other income and cannot itemiz deductions. Assume the taxable year is 2022. Use Individual Tax Rate Schedules and Standard Deduction Table. Required: a. Compute their combined tax if they choose to file separate returns. b. Compute their tax if they file a joint return. Complete this question by entering your answers in the tabs below. Compute their combined tax if they choose to file separate returns. Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. Mr. Olaf earned an $89,000 salary, and Ms. Olaf earned a $40,330 salary. The couple had no other income and cannot itemize deductions. Assume the taxable year is 2022. Use lndividual Tax Rate Schedules and Standard Deduction Table. Required: a. Compute their combined tax if they choose to file separate returns. b. Compute their tax if they file a joint return. Complete this question by entering your answers in the tabs below. Compute their tax if they file a joint return. Note: Round your intermediate calculations and final answer to the nearest whole dollar amount Step by Step Solution
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