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In 2020. Lisa and Fred, a married couple, had taxable income of $303,000. If they were to file separate tax returns. Lisa would have reported

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In 2020. Lisa and Fred, a married couple, had taxable income of $303,000. If they were to file separate tax returns. Lisa would have reported taxable income of $126,000 and Fred would have reported taxable income of $177,000. Use Tax Rate Schedule for reference What is the couple's marriage penalty or benefit? (Do not round intermediate calculations.)

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