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eBook Print Item Problem 3-42 (LO. 5, 6, 9) Sarah and Brandi are engaged and plan to get married. During 2021, Sarah is a
eBook Print Item Problem 3-42 (LO. 5, 6, 9) Sarah and Brandi are engaged and plan to get married. During 2021, Sarah is a full-time student and earns $9,000 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, she is self-supporting. For the year, Brandi is employed and has wages of $61,000. Click here to access the standard deduction table to use. Click here to access the Tax Rate Schedules. If an amount is zero, enter, "0". Do not round your intermediate computations. Round your final answers to nearest whole dollar. a. Compute the following: Gross income and AGI Standard deduction (single) Taxable income Income tax Sarah Brandi Filing Single Filing Single b. Assume that Sarah and Brandi get married in 2021 and file a joint return. What is their taxable income and income tax? Round your final answer to nearest whole dollar value. Gross income and AGI Standard deduction (married, filing jointly) Taxable income Income tax Married Filing Jointly c. How much income tax can Sarah and Brandi save if they get married in 2021 and file a joint return?
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