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In 2019, Lisa and Fred, a married couple, have taxable income of $300,000. If they were to file separate tax returns, Lisa would have reported

In 2019, Lisa and Fred, a married couple, have taxable income of $300,000. If they were to file separate tax returns, Lisa would have reported taxable income of $200,000 and Fred would have reported taxable income of $100,000.

A- What is the couples marriage penalty or benefit? (Enter a penalty as a positive and a benefit as a negative)

n 2019, Jasmine and Thomas, a married couple, have taxable income of $145,000. If they were to file separate tax returns, Jasmine would have reported taxable income of $130,000 and Thomas would have reported taxable income of $15,000.

B-What is the couples marriage penalty or benefit? (Enter a marriage benefit as a negative.)

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