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In 2022, Lisa and Fred, a married couple, had taxable income of $300,000. If they were to file separate tax returns, Lisa would have
In 2022, Lisa and Fred, a married couple, had taxable income of $300,000. If they were to file separate tax returns, Lisa would have reported taxable income of $125,000 and Fred would have reported taxable income of $175,000. Use Tax Rate Scheddle for reference. What is the couple's marriage penalty or benefit? Note: Do not round intermediate calculations. Marriage benefit 1,142
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