Question
In 2023, Lisa and Fred, a married couple, had taxable income of $413,800. If they were to file separate tax returns, Lisa would have reported
In 2023, Lisa and Fred, a married couple, had taxable income of $413,800. If they were to file separate tax returns, Lisa would have reported taxable income of $231,900 and Fred would have reported taxable income of $181,900. Use Tax Rate Schedule for reference.
What is the couple's marriage penalty or benefit?
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Public Finance Lessons From The Past And Effects On The Future
Authors: Miguel-Angel Galindo Martin
1st Edition
1629481491, 978-1629481494
