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Francis and Edward are planning to get married and they want to determine whether there is an advantage or disadvantage to marrying before the end

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Francis and Edward are planning to get married and they want to determine whether there is an advantage or disadvantage to marrying before the end of the year and filing their taxes jointly. Use the information below to calculate the amount they would owe or receive if they each filed as single, and the amount they would owe or receive if they filed jointly as a married couple. Which is the better choice? Filing Status: TBD Francis' Gross Income: $35,000 Edward's Gross Income: $40,000 Francis' Adjustments: $7000 Edward's Adjustments: $3000 Francis' Withholdings: $14000 Edward's Withholdings: $5500 Francis' Credits: $4000 Edward's Credits: $5000 . O . . ages last year, Francis and Edward are planning to get married and they want to determine whether there is an advantage or disadvantage to marrying before the end of the year and filing their taxes jointly. Use the information below to calculate the amount they would owe or receive if they each filed as single, and the amount they would owe or receive if they filed jointly as a married couple. Which is the better choice? Filing Status: TBD Francis' Gross Income: $35,000 Edward's Gross Income: $40,000 Francis' Adjustments: $7000 Edward's Adjustments: $3000 Francis' Withholdings: $14000 Edward's Withholdings: $5500 Francis' Credits: $4000 Edward's Credits: $5000 . O . . ages last year

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