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Compute Ms. Gomez and Mr. Hills combined tax if they file as single individuals. only need the answer for this question - please explain the

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Compute Ms. Gomez and Mr. Hills combined tax if they file as single individuals.

only need the answer for this question - please explain the work

Ms. Gomez earned a $114,250 salary, and Mr. Hill earned a $197,200 salary. Neither individual had any other income, and neither can itemize deductions. Assume the taxable year is 2020. Use Individual Tax Rate Schedules and Standard Deduction Table. Required: a. Compute Ms. Gomez and Mr. Hill's combined tax if they file as single individuals. b. Compute Ms. Gomez and Mr. Hill's tax if they are married and file a joint return. Complete this question by entering your answers in the tabs below. Required A Required B Compute Ms. Gomez and Mr. Hill's combined tax if they file as single individuals. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Amount Ms. Gomez's Tax Mr. Hill's Tax Combined tax $ 0 Prov 1 af 7 + Neyt Single If taxable income is: Not over $9,875 Over $9,875 but not over $40,125 Over $40,125 but not over $85.525 Over $85,525 but not over $163,300 Over $163,300 but not over $207,350 Over $207,350 but not over $518,400 Over $518,400 The tax is: 10% of taxable income $987.50 +12% of excess over $9.875 $4.617.50 + 22% of excess over $40,125 $14,605.50 + 24% of excess over $85,525 $33.271.50 + 32% of excess over $163,300 $47.367.50 + 35% of excess over $207,350 $156,235 + 37% of excess over 518,400 Married Filing Jointly and Surviving Spouse If taxable income is: The tax is: Not over $19.750 10% of taxable income Over $19,750 but not over $80,250 $1,975 + 12% of excess over $19.750 Over $80,250 but not over $171,050 $9,235 + 22% of excess over $80,250 Over $171,050 but not over $326,600 $29.211 + 24% of excess over $171.050 Over $326,600 but not over $414,700 $66,543 + 32% of excess over $326,600 Over $414,700 but not over $622,050 $94.735 + 35% of excess over $414,700 Over $622,050 $167,307.50 + 37% of excess over $622,050 Idrill Married filing jointly and surviving spouses Married filing separately Head of household Single $24,800 12,400 18,650 12,400

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