Question
Havel and Petra are married, will file a joint tax return, and meet the requirements to file a Form 1040EZ. Havel has W-2 income of
Havel and Petra are married, will file a joint tax return, and meet the requirements to file a Form 1040EZ. Havel has W-2 income of $46,996 and Petra has W-2 income of $53,248 Use the appropriate Tax Tables and Tax Rate Schedules.
a. What is their tax liability using the Tax Tables?
b. What is their tax liability using the Tax Rate Schedule.
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter Walton, Walter Aerts
4th Edition
1473729521, 9781473729520
