Ms Gomez earned a $115,000 salary, and Mr Hill earned a $209,200 salary Neither individual had any other income, and neither can itemize deductions Assume the taxable year is 2021 Use Individual Tax Rate Schedules and Standard Deduction Table Required Compute Ms Gomez and Mr Hills combined tax if they file as single individuals Amount Ms Gomezs Tax Mr Hills Tax Combined tax $0 Compute Ms Gomez and Mr Hills tax if they are married and file a joint return Income tax Individual Tax Rate Schedules Married Filing Jointly and Surviving Spouse If taxable income is The tax is Not over $19,900 10 of taxable income Over $19,900 but not over $81,050 $1,990 00 12 of excess over $19,900 Over $81,050 but not over $172,750 $9,328 00 22 of excess over $81,050 Over $172,750 but not over $329,850 $29,502 00 24 of excess over $172,750 Over $329,850 but not over $418,850 $67,206 00 32 of excess over $329,850 Over $418,850 but not over $628,300 $95,686 00 35 of excess over $418,850 Over $628,300 $168,993 50 37 of excess over $628,300 Married Filing Separately If taxable income is The tax is Not over $9,950 10 of taxable income Over $9,950 but not over $40,525 $995 00 12 of excess over $9,950 Over $40,525 but not over $86,375 $4,664 00 22 of excess over $40,525 Over $86,375 but not over $164,925 $14,751 00 24 of excess over $86,375 Over $164,925 but not over $209,425 $33,603 00 32 of excess over $164,925 Over $209,425 but not over $314,150 $47,843 00 35 of excess over $209,425 Over $314,150 $84,496 75 37 of excess over $314,150 Head of Household If taxable income is The tax is Not over $14,200 10 of taxable income Over $14,200 but not over $54,200 $1,420 00 12 of excess over $14,200 Over $54,200 but not over $86,350 $6,220 00 22 of excess over $54,200 Over $86,350 but not over $164,900 $13,293 00 24 of excess over $86,350 Over $164,900 but not over $209,400 $32,145 00 32 of excess over $164,900 Over $209,400 but not over $523,600 $46,385 00 35 of excess over $209,400 Over $523,600 $156,355 00 37 of excess over $523,600 Single If taxable income is The tax is Not over $9,950 10 of taxable income Over $9,950 but not over $40,525 $995 00 12 of excess over $9,950 Over $40,525 but not over $86,375 $4,664 00 22 of excess over $40,525 Over $86,375 but not over $164,925 $14,751 00 24 of excess over $86,375 Over $164,925 but not over $209,450 $33,603 00 32 of excess over $164,925 Over $209,450 but not over $523,600 $47,843 00 35 of excess over $209,425 Over $523,600 $157,804 25 37 of excess over $523,600 Married filing jointly and surviving spouses $25,100 Married filing separately 12,550 Head of household 18,800 Single 12,550

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. Ms. Gomez earned a $115,000 salary, and Mr. Hill earned a $209,200 salary. Neither individual had any other income, and neither can itemize deductions.

Ms. Gomez earned a $115,000 salary, and Mr. Hill earned a $209,200 salary. Neither individual had any other income, and neither can itemize deductions. Assume the taxable year is 2021. Use Individual Tax Rate Schedules and Standard Deduction Table.

Required:

Compute Ms. Gomez and Mr. Hills combined tax if they file as single individuals.

	Amount
Ms. Gomezs Tax
Mr. Hills Tax
Combined tax	$0

Compute Ms. Gomez and Mr. Hills tax if they are married and file a joint return.

Income tax.

Individual Tax Rate Schedules

Married Filing Jointly and Surviving Spouse

If taxable income is	The tax is
Not over $19,900	10% of taxable income
Over $19,900 but not over $81,050	$1,990.00 + 12% of excess over $19,900
Over $81,050 but not over $172,750	$9,328.00 + 22% of excess over $81,050
Over $172,750 but not over $329,850	$29,502.00 + 24% of excess over $172,750
Over $329,850 but not over $418,850	$67,206.00 + 32% of excess over $329,850
Over $418,850 but not over $628,300	$95,686.00 + 35% of excess over $418,850
Over $628,300	$168,993.50 + 37% of excess over $628,300

Married Filing Separately

If taxable income is	The tax is
Not over $9,950	10% of taxable income
Over $9,950 but not over $40,525	$995.00 + 12% of excess over $9,950
Over $40,525 but not over $86,375	$4,664.00 + 22% of excess over $40,525
Over $86,375 but not over $164,925	$14,751.00 + 24% of excess over $86,375
Over $164,925 but not over $209,425	$33,603.00 + 32% of excess over $164,925
Over $209,425 but not over $314,150	$47,843.00 + 35% of excess over $209,425
Over $314,150	$84,496.75 + 37% of excess over $314,150

Head of Household

If taxable income is	The tax is
Not over $14,200	10% of taxable income
Over $14,200 but not over $54,200	$1,420.00 + 12% of excess over $14,200
Over $54,200 but not over $86,350	$6,220.00 + 22% of excess over $54,200
Over $86,350 but not over $164,900	$13,293.00 + 24% of excess over $86,350
Over $164,900 but not over $209,400	$32,145.00 + 32% of excess over $164,900
Over $209,400 but not over $523,600	$46,385.00 + 35% of excess over $209,400
Over $523,600	$156,355.00 + 37% of excess over $523,600

Single

If taxable income is	The tax is
Not over $9,950	10% of taxable income
Over $9,950 but not over $40,525	$995.00 + 12% of excess over $9,950
Over $40,525 but not over $86,375	$4,664.00 + 22% of excess over $40,525
Over $86,375 but not over $164,925	$14,751.00 + 24% of excess over $86,375
Over $164,925 but not over $209,450	$33,603.00 + 32% of excess over $164,925
Over $209,450 but not over $523,600	$47,843.00 + 35% of excess over $209,425
Over $523,600	$157,804.25 + 37% of excess over $523,600