Question
Leonardo, who is married but files separately, earns $153,000 of taxable income. He also has $23,000 in city of Tulsa bonds. His wife, Theresa, earns
Leonardo, who is married but files separately, earns $153,000 of taxable income. He also has $23,000 in city of Tulsa bonds. His wife, Theresa, earns $102,000 of taxable income.
How much money would Leonardo nd Theresa save if they file jointly instead of separately for year 2018? (Use tax rate schedule)
Multiple Choice
- Nothing
- $246.00
- $737.25
- $5,790.00
- None of the choices are correct.
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
