2020 Tax Tables Below:

Required: Raphael and Martina are engaged and are planning to travel to Las Vegas during the 2020 Christmas season and get married around the end of the year. In 2020, Raphael expects to earn $45,100 and Martina expects to earn $15,200. Their employers have deducted the appropriate amount of withholding from their paychecks throughout the year. Neither Raphael nor Martina has any itemized deductions. They are trying to decide whether they should get married on December 31, 2020, or on January 1, 2021. What do you recommend? Use the appropriate Tax Tables Collective tax liability in 2020 If Raphael and Martina get married in 2020 If Raphael and Martina get married in 2021 Recommendation: 12,000 DR RM 15,000 A 18,000 12,000 12,050 12,100 12,150 12,200 12,250 12,300 12,350 12,400 12,450 12,500 12,550 12,600 12,650 12,700 15,000 15,050 15,100 15,150 15,200 15,250 15,300 15,350 15,400 15,450 1,606 1,612 1,618 1,624 1,630 1.636 1,642 1.648 1,654 1,660 18,000 18,050 18,100 18,150 18,200 18,250 18,300 18,350 18,400 18,450 1.966 1.972 1,978 1.984 1990 1.996 2.002 2,008 2,014 2.020 12,050 12,100 12,150 12,200 12.250 12,300 12,350 12,400 12,450 12,500 12,550 12,600 12,650 12,700 12,750 12,800 12,850 12,900 12,950 13,000 1.881 1.887 1,893 1,899 1,905 1,911 1,917 1,923 1.929 1,935 1.246 1,252 1,258 1,264 1,270 1,276 1,282 1,288 1.294 1.300 1,306 1,312 1,318 1,324 1,330 1,336 1,342 1,348 1,354 1,360 1,203 1.208 1,213 1.218 1,223 1.228 1,233 1,238 1,243 1.248 1,253 1.258 1.263 1,268 1,273 1,278 1,283 1,288 1,293 1,298 1.246 1.252 1,258 1,264 1.270 1,276 1,282 1.288 1.294 1,300 1,306 1,312 1,318 1.324 1,330 1,336 1,342 1,348 1,354 1,360 1,203 1,208 1.213 1,218 1.223 1.228 1,233 1.238 1,243 1.248 1.253 1.258 1,263 1,268 1,273 1.278 1,283 1.288 1,293 1,298 15,050 15,100 15,150 15,200 15,250 15,300 15,350 15,400 15,450 15,500 15,550 15,600 15,650 15,700 15,750 15,800 15,850 15,900 15,950 16,000 1,503 1,508 1,513 1,518 1,523 1,528 1,533 1,538 1,543 1,548 1,553 1,558 1,563 1,568 1,573 1,578 1,583 1,588 1,593 1,598 1,606 1,612 1,618 1,624 1,630 1,636 1,642 1,648 1,654 1,660 1,666 1,672 1,678 1,684 1,690 1,696 1,702 1,708 1,714 1.720 18,050 18,100 18,150 18,200 18,250 18,300 18,350 18,400 18,450 18,500 18,550 18,600 18,650 18,700 18,750 1,521 1,527 1,533 1,539 1,545 1,551 1,557 1,563 1,569 1,575 1,581 1,587 1,593 1,599 1,605 1,611 1,617 1,623 1,629 1,635 1.966 1.972 1,978 1,984 1.990 1.996 2.002 2,008 2,014 2.020 2,026 2,032 2,038 2,044 2,050 2,056 2,062 2,068 2,074 2.080 1.803 1.808 1,813 1,818 1,823 1,828 1,833 1,838 1.843 1.848 1.853 1.858 1,863 1.868 1.873 1.878 1,883 1,888 1.893 1.898 15,500 15,550 15,600 15,650 15,700 1,666 1,672 1,678 1,684 1,690 18,500 18,550 18,600 18,650 18,700 1.941 1.947 1,953 1.959 1,965 2,026 2,032 2,038 2,044 2,050 2,056 2.062 2.068 2,074 2,080 1,696 12,750 12,800 12,850 12,900 12,950 15,750 15,800 15,850 15,900 15,950 1,702 1.708 1,714 1.720 18,750 18,800 18,850 18,900 18,950 18,800 18,850 18,900 18,950 19,000 1.971 1.977 1.983 1,989 1,995 13,000 16,000 19,000 1,366 1,372 1.378 1,384 1,390 1,641 1,647 1,653 1,659 1,665 2,086 2,092 2,098 2,104 2,110 13,000 13,050 13,100 13,150 13,200 13,250 13,300 13,350 13.4 13,450 13,500 13,550 13,600 13,650 13,700 13,750 13,800 12 13,050 13,100 13,150 13,200 13,250 13,300 13,350 13,400 13,450 13,500 13,550 13,600 13,650 13,700 13,750 1,303 1,308 1.313 1,318 1,323 1,328 1.333 1,338 1,343 1,348 1,366 1,372 1,378 1,384 1,390 1,396 1,402 1,408 1.41 1,420 1,426 1,432 1,438 1.444 1.450 1,456 1,462 1 ARA 1,303 1,308 1,313 1,318 1,323 1,328 1,333 1,338 1,343 1,348 16,000 16,050 16,100 16,150 16,200 16,250 16,300 16,350 16,400 16,450 16,500 16,550 16,600 16,650 16,700 16,750 16,800 16 RU 16,050 16,100 16,150 16,200 16,250 16,300 16,350 16,400 16,450 16,500 16,550 16,600 16,650 16,700 16,750 16,800 16,850 16 ann 1,726 1.732 1.738 1.744 1,750 1,756 1,762 1,768 1.774 1.780 1,786 1.792 1,798 1,804 1,810 1,396 1,402 1,408 1,414 1,420 1,426 1.432 1,438 1.444 1.450 1,603 1,608 1,613 1,618 1.623 1,628 1,633 1,638 1.643 1,648 1,653 1,658 1.663 1,668 1,673 1,726 1,732 1,738 1,744 1,750 1,756 1,762 1,758 1,774 1,780 1,786 1,792 1,798 1,804 1,810 19,000 19,050 19,100 19,150 19,200 19,250 19,300 19,350 19,400 19,450 19,500 19,550 19,600 19,650 19,700 19,750 19,800 19 RS 2,086 2,092 2,098 2,104 2,110 2,116 2,122 2,128 2,134 2,140 19,050 19,100 19,150 19,200 19,250 19,300 19,350 19,400 19,450 19,500 19,550 19,600 19,650 19,700 19,750 1,903 1.908 1.913 1,918 1.923 1,928 1.933 1,938 1.943 1,948 2,001 2.007 2,013 2,019 2,025 2,031 2,037 2,043 2,049 2,055 2,116 2,122 2,128 2,134 2,140 1,671 1,677 1,683 1.689 1,695 1,701 1,707 1,713 1,719 1.725 1,731 1,353 1.358 1,363 1,368 1,373 1.378 1,383 1 RR 1,353 1,358 1.363 1,368 1.373 2,146 2,152 2,158 2,164 2.170 2,176 2,182 TRA 1.953 1.958 1.963 1,968 1.973 1.978 1.984 1 con 2,146 2.152 2.158 2,164 2,170 2,176 2,182 TRA 2,061 2,067 2,073 2,079 2,085 13,800 1,678 13,850 13 ann 1.456 1,462 1 ARA 1,378 1,383 12 1,816 1,822 1 RO 1,683 1 RA 1,816 1,822 R 1,737 19,800 19,850 19 on 2,091 2,097 12 39,000 42,000 | 45,000 4,288 4.294 4,300 4,306 4.312 4.401 4,407 4,413 4.419 4,425 4.761 4,767 4.773 4,779 4.785 5,008 5,014 5,020 5,026 5,032 5,696 5,707 5,718 5,729 5,740 39,000 39,050 39,100 39,150 39,200 39,250 39,300 39,350 39,400 39,450 4.486 4.492 4,498 4,504 4,510 4,516 4,522 4,528 4.534 4.540 42,050 42,100 42,150 42,200 42,250 42,300 42,350 42,400 42,450 42,500 5.036 5.047 5,058 5.069 5.080 5,091 5,102 5.113 5,124 5,135 5,751 5,762 42,000 42,050 42,100 42,150 42,200 42,250 42,300 42,350 42.400 42,450 42,500 42,550 42,600 42,650 42,700 5,696 5,707 5,718 5,729 5.740 5,751 5,762 5,773 5,784 5,795 5,121 5,127 5,133 5,139 5,145 5,151 5,157 5,163 5.169 5,175 39,050 39,100 39,150 39,200 39,250 39,300 39,350 39,400 39,450 39,500 39,550 39,600 39,650 39,700 39,750 39,800 39,850 39,900 39,950 40,000 4,648 4,654 4,660 4.666 4,672 4.678 4,684 4,690 4,696 4.702 4,708 4.714 4,720 4,726 4,732 5,038 5,044 5,050 5,056 5,062 4.486 4,492 4,498 4,504 4,510 4,516 4,522 4,528 4,534 4,540 4,546 4,552 4,558 4,564 4,570 4,576 4,582 4,588 4,594 4,600 5.773 5.784 5,795 45,000 45,050 45,100 45,150 45,200 45,250 45,300 45,350 45,400 45,450 45,500 45,550 45,600 45,650 45,700 4,318 4,324 4,330 4,336 4,342 4,348 4,354 4,360 4,366 4,372 4,378 4,384 4,390 4,396 4,402 4.431 4,437 4.443 4,449 4,455 4.461 4,467 4.473 4,479 4.485 5,036 5.047 5,058 5,069 5.080 5.091 5.102 5.113 5,124 5.135 5,146 5,157 5,168 5.179 5,190 5.201 5.212 5.223 5.234 5.245 4.791 4,797 4.803 4,809 4.815 4,821 4.827 4,833 4,839 4,845 45,050 45,100 45,150 45,200 45,250 45,300 45,350 45.400 45,450 45,500 45,550 45,600 45,650 45,700 45,750 45,800 45,850 45.900 45,950 46,000 4,546 4,552 4,558 4,564 4,570 42,550 42,600 42,650 42,700 42,750 5,806 5,817 5,828 5,839 5,850 39,500 39,550 39,600 39,650 39,700 39,750 39,800 39,850 39,900 39,950 5,181 5,187 5,193 5,199 5,205 5,146 5.157 5,168 5.179 5,190 5.201 5,212 5.223 5,234 5.245 5,806 5,817 5,828 5,839 5,850 5,861 5,872 5,883 5,894 5,905 5,068 5,074 5.080 5,086 5,092 5,098 5,104 5,110 5,116 5,122 4,576 4,582 4,588 4,594 4,600 4.491 4,497 4,503 4,509 4,515 42,750 42,800 42.850 42,900 42,950 42,800 42,850 42.900 42,950 43,000 4,738 4,744 4,750 4,756 4,762 4,851 4,857 4,863 4,869 4,875 45,750 45,800 45,850 45,900 45,950 5,861 5,872 5,883 5,894 5,905 5,211 5,217 5.223 5,229 5,235 40,000 43,000 46,000 5,241 40,000 40,050 40,100 40,150 40,200 4,408 4,414 4,420 4,426 4,432 4,521 4,527 4,533 4,539 4,545 5,256 5,267 5.278 5.289 5,300 4,881 4,887 4,893 4,899 4,905 5,916 5,927 5,938 5.949 5,960 5,247 5,253 5,259 5,265 40,050 40,100 40,150 40,200 40,250 40,300 40,350 40,400 40,450 40,500 40,550 40,600 40,650 40,700 40,750 4,606 4,612 4,618 4,629 4,640 4,651 4,662 4,673 4,684 4,695 4.606 4,612 4,618 4,629 4,640 4,651 4,662 4,673 4,684 4,695 43,000 43,050 43,100 43,150 43,200 43,250 43,300 43,350 43,400 43,450 46,000 46,050 46,100 46,150 46,200 46,250 46,300 46,350 46,400 46,450 5.916 5,927 5,938 5,949 5,960 5,971 5,982 5,993 6,004 6,015 4,551 4.557 4,563 4,569 4,575 5.256 5.267 5.278 5.289 5,300 5,311 5.322 5,333 5.344 5,355 5,366 5,377 5,388 5,399 5,410 5,128 5,134 5,140 5,146 5,152 5,158 5,164 5,170 5,176 5,182 5.311 5.322 5,333 5,344 5,355 40,250 40,300 40,350 40,400 40,450 40,500 40,550 40,600 40,650 40,700 40,750 40,800 40,850 40,900 40.950 4,911 4,917 4,923 4.929 4,935 5,271 5,277 5,283 5,289 5,295 43,050 43,100 43,150 43,200 43,250 43,300 43,350 43,400 43,450 43,500 43,550 43,600 43,650 43,700 43,750 43,800 43,850 43,900 43,950 44.000 46,050 46,100 46,150 46,200 46,250 46,300 46,350 46,400 46,450 46,500 46,550 46,600 46,650 46,700 46,750 4,438 4.444 4,450 4,456 4,462 4,468 4,474 4.480 4.486 4,492 4,498 4,504 4,510 4,516 4.522 4,768 4,774 4.780 4.786 4.792 4,798 4,804 4,810 4,816 4,822 4,828 4,834 4,840 4,846 4.852 4,858 4,864 4,870 4,876 482 4,706 4,717 4,728 4,739 4,750 4,706 4,717 4,728 4,739 4,750 4.581 4,587 4,593 4,599 4,605 43,500 43,550 43,600 43,650 43,700 4.941 4,947 4,953 4,959 4.965 5,366 5.377 5,388 5,399 5.410 5,421 5.432 5,443 5,454 5.465 46,500 46,550 46,600 46,650 46,700 46,750 46,800 46,850 46,900 46.950 6,026 6,037 6,048 6,059 6,070 6,081 6,092 6,103 6,114 6.125 5,188 5,194 5,200 5,206 5,212 5,218 5,224 5,230 5,236 5.242 5,971 5,982 5,993 6,004 6,015 6,026 6,037 6,048 6,059 6,070 6,081 6,092 6,103 6,114 6.125 5,301 5,307 5,313 5,319 5,325 5,331 5,337 5,343 5,349 5.355 40,800 40,850 40,900 40,950 41.000 4,761 4,772 4,783 4,794 4.805 4,761 4,772 4,783 4,794 4.805 4,611 4.617 4,623 4,629 4.635 43,750 43,800 43,850 43,900 43.950 5,421 5,432 5,443 5,454 5.465 4,971 4,977 4,983 4,989 4.995 46,800 46,850 46,900 46,950 47.000 57,000 D 60,000 63,000 8,336 8.347 8,358 8,369 8.380 6,894 6.905 6,916 6.927 6.938 7,168 7,174 7,180 7,186 7,192 8,336 8,347 8,358 8,369 8,380 8,391 8,402 8,413 8,424 8,435 8,446 8,457 8,468 8,479 8,490 6.808 6,814 6,820 6,826 6,832 6,838 6,844 6,850 6,856 6,862 57,000 57,050 57,100 57,150 57,200 57,250 57,300 57,350 57,400 57,450 57,500 57,550 57,600 57,650 57.700 57,750 57,800 57,850 57,900 57,950 6,448 6,454 6,460 6,466 6,472 6,478 6,484 6.490 6,496 6,502 6,508 6,514 8.996 9.007 9,018 9,029 9.040 9,051 9.062 9,073 9.084 9.095 57,050 57,100 57,150 57,200 57,250 57,300 57,350 57,400 57.450 57,500 57,550 57,600 57,650 57,700 57,750 57,800 57,850 57,900 57,950 58,000 63,050 63.100 63,150 63,200 63,250 63,300 63,350 63,400 63,450 63,500 8,391 8,402 8,413 8,424 8.435 8,446 8.457 8,468 8,479 8,490 60,000 60.050 60,100 60,150 60,200 60,250 60,300 60,350 60,400 60,450 60,500 60,550 60,600 60,650 60,700 60,750 60,800 60,850 60.900 60,950 6.949 6.960 6.971 6,982 6.993 7,004 7,015 7.026 7.037 7.048 7,059 7,070 7,081 7.092 7,103 60,050 60,100 60,150 60,200 60,250 60,300 60,350 60,400 60,450 60,500 60.550 60,600 60,650 60,700 60,750 60,800 60,850 60,900 60,950 61,000 8,996 9.007 9,018 9.029 9.040 9.051 9.062 9.073 9,084 9,095 9.106 9.117 9,128 9,139 9,150 9,161 9,172 9,183 9.194 9.205 7,554 7,565 7,576 7,587 7.598 7,609 7.620 7.631 7,642 7,653 7,664 7,675 7.686 7.697 7,708 63,000 63,050 63,100 63,150 63,200 63,250 63,300 63,350 63,400 63,450 63,500 63,550 63,600 63,650 63,700 63,750 63,800 63,850 63,900 63,950 9,656 9,667 9,678 9,689 9,700 9,711 9,722 9,733 9.744 9,755 9,766 9,777 9.788 9,799 9,810 9,821 9,832 9,843 9,854 9,865 9,656 9,667 9,678 9,689 9,700 9,711 9,722 9,733 9.744 9,755 9,766 9,777 9,788 9,799 9,810 9,821 9,832 9,843 9,854 9,865 6,520 8,214 8.225 8,236 8,247 8,258 8,269 8,280 8.291 8,302 8,313 8,324 8,335 8,346 8,357 8,368 8,379 8,390 8,401 8,412 8,423 6,868 6,874 6,880 6,886 6,892 7,198 7,204 7,210 7,216 7.222 7,228 7,234 7,240 7,246 7,252 7,258 7,264 7,270 7.276 7.282 9.106 9.117 9,128 9,139 9,150 9.161 9.172 9.183 9.194 9.205 63,550 63,600 63,650 63,700 63,750 63,800 63,850 63,900 63.950 64,000 6,526 6,532 6,538 6,544 6.550 6,556 6,562 8,501 8,512 8,523 8,534 8,545 8.501 8,512 8,523 8.534 8,545 6,898 6,904 6,910 6.916 6.922 7.719 7.730 7,741 7.752 7.763 58,000 61,000 64,000 58,000 58,050 58,100 58,150 58,200 8,556 8,567 8,578 8,589 8,600 61,000 61,050 61,100 61,150 61,200 61,050 61,100 61,150 61,200 61,250 64,050 64,100 64,150 64,200 64,250 9,876 9,887 9,898 9,909 9,920 8,434 8,445 8,456 8,467 8,478 6,568 6,574 6,580 6,586 6,592 6,598 6,604 6,610 6,616 6.622 8,556 8,567 8,578 8,589 8,600 8,611 8,622 8,633 8,644 8,655 9.216 9,227 9.238 9,249 9.260 9.271 9.282 9.293 9,304 9.315 7.774 7,785 7.796 7.807 7.818 7.829 7.840 7.851 7.862 7.873 7,114 7,125 7,136 7,147 7.158 7.169 7.180 7.191 7.202 7.213 7224 7.235 7.246 7.257 7.268 64,000 64,050 64,100 64,150 64,200 64,250 64,300 64,350 64,400 64,450 9,876 9,887 9,898 9,909 9,920 9,931 9,942 9,953 9,964 9.975 61,300 61,350 61,400 61,450 61,500 64,300 64,350 64,400 64,450 64,500 58,250 58,300 58,350 58,400 58,450 58,500 58,550 58,600 58,650 58,700 58,750 58,800 58,850 58,900 58,950 9,931 9,942 9,953 9,964 9,975 58,050 58,100 58,150 58,200 58,250 58,300 58,350 58,400 58,450 58,500 58,550 58,600 58,650 58,700 58,750 58,800 58,850 58,900 58,950 59,000 8,611 8,622 8,633 8,644 8,655 8,666 8,677 8,688 8,699 8,710 8,721 8,732 8,743 8,754 8,765 9.216 9,227 9.238 9,249 9.260 9.271 9.282 9.293 9.304 9.315 9.326 9.337 9,348 9.359 9,370 9.381 9,392 9,403 9.414 9.425 6,928 6.934 6.940 6,946 6,952 6,958 6,964 6,970 6,976 6.982 6,988 6.994 7,000 7.006 7,012 7,018 7.024 7.030 7,036 7,042 61,250 61,300 61,350 61,400 61.450 61,500 61,550 61,600 61,650 61,700 61,750 61,800 61,850 61,900 61,950 7.288 7,294 7,300 7,306 7,312 7,318 7,324 7,330 7,336 7.342 7,348 7,354 7,360 7,366 7,372 7,378 7.384 7,390 7.396 7,402 8,489 8,500 8,511 8,522 8,533 8,544 8,555 8.566 8,577 8,588 6,628 6,634 6,640 6.646 6,652 6,658 6,664 6,670 6,676 6.682 61,550 61,600 61,650 61,700 61,750 8,666 8,677 8,688 8,699 8.710 8.721 8,732 8,743 8,754 8.765 9,326 9,337 9,348 9.359 9,370 9.381 9.392 9,403 9,414 9.425 7.884 7,895 7,906 7,917 7.928 7.939 7.950 7.961 7.972 7.983 64,500 64,550 64,600 64,650 64,700 64,750 64,800 64,850 64,900 64,950 64,550 64,600 64,650 64,700 64,750 64,800 64,850 64,900 64,950 65,000 9,986 9.997 10,008 10,019 10.030 10,041 10,052 10,063 10,074 10,085 9,986 9,997 10,008 10,019 10,030 10.041 10,052 10,063 10,074 10,085 7279 7.290 7.301 7312 7.323 61,800 61,850 61,900 61,950 62,000 8,599 8,610 8,621 8,632 8.643