Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Maryssa plan to marry in December 2 0 2 3 . BrettBrett ' s salary is $ 7 0 , 0 0 0 and he
Maryssa plan to marry in December BrettBretts salary is $ and he owns his residence. His itemized deductions total $ Maryssas salary is $ Her itemized deductions total only $ as she does not own her residence STANDARD DEDUCTION
Filing Status
Married individuals filing joint returns and surviving spouses
$
Heads of households
$
Unmarried individuals other than surviving spouses and heads of households
$
Married individuals filing separate returns
$
Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses
$
Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse
$
Taxpayer claimed as dependent on another taxpayers return: Greater of earned income plus $ or $
These amounts are $ and $ respectively, for a taxpayer who is both aged and blind. Married, Filing Joint and Surviving Spouse
If taxable income is:
The tax is:
Not over $
of taxable income
Over $ but not over $
$ of the excess over $
Over $ but not over $
$ of the excess over $
Over $ but not over $
$ of the excess over $
Over $ but not over $
$ of the excess over $
Over $ but not over $
$ of the excess over $
Over $
$ of the excess over $ f taxable income is:
The tax is:
Not over $
of taxable income
Over $ but not over $
$ of the excess over $
Over $ but not over $
$ of the excess over $
Over $ but not over $
$ of the excess over $
Over $ but not over $
$ of the excess over $
Over $ but not over $
$ of the excess over $
Over $
$ of the excess over $ Explain in easy yet simple please dont overcomplicate explenation.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started