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please complete all of the requirements. Thank you! this is the Questions. you have to complete the requirement. A B & C Bruce and Martha

please complete all of the requirements. Thank you!
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this is the Questions. you have to complete the requirement. A B & C
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Bruce and Martha plan to marry in December 2020. Bruce's salary is $50,000 and he owns his residence. His itemized deductions total $18,400. Martha's salary is $85,000. Her itemized deductions total only $8,000 as she does not own her residence. For purposes of this problem, assume 2021 tax rates and standard deductions are the same as 2020. (Click the icon to view the standard deduction amounts.) (Click the icon to view the 2020 tax rate schedule for the Married filing jointly filing status.) (Click the icon to view the 2020 tax rate schedule for the Single filing status.) Read the requirements Requirement a. What will their 2020 tax be if they marry before year-end and file a joint return? Taxable income Bruce and Martha plan to marry in December 2020. Bruce's salary is $50,000 and he owns his residence. His itemized deductions total $18,400. Martha's salary is $85,000. Her itemized deductions total only $8,000 as she does not own her residence. For purposes of this problem, assume 2021 tax rates and standard deductions are the same as 2020. (Click the icon to view the standard deduction amounts.) (jako dodo 2090 (C Requirements Read NN - Requir a. What will their 2020 tax be if they marry before year-end and file a joint return? b. What will their combined 2020 taxes be if they delay the marriage until 2021? c. What factors contribute to the difference in taxes? Taxab Print Done ved Bru ded her Reference Rei Red Married individuals filing joint returns and surviving spouses $ 24,800 Heads of households $ 18,650 Unmarried individuals (other than surviving spouses and heads of households) $ 12,400 Married individuals filing separate returns $ 12,400 Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses $1,300 Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse $1,650 Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. * These amounts are $2,600 and $3,300, respectively for a taxpayer who is both aged and blind Tas Print Done Bruce and Martha nlan to marry in December 2020. Bruce's salary is $50.000 and he owns his residence His itemized de wn hel Reference - X . RE RO Married, Filing Joint and Surviving Spouse If taxable income is The tax is: Not over $19,750 10% of taxable income. Over $19,750 but not over $80,250 $1,975.00 +12% of the excess over $19,750. Over $80,250 but not over $171,050 .$9,235,00 + 22% of the excess over $80,250. Over $171,050 but not over $29,211.00 +24% of the excess over $326,600 . $171,050 Over $326,600 but not over $66,543,00 + 32% of the excess over $414,700 . $326,600 Over $414,700 but not over $94.735.00 + 35% of the excess over Ta Print Done wn Bruce and Martha nlan to marry in December 2020 Bruce's salary is $50.000 and he owns his residence His itemized de - X $0. he Reference .......... RE Not over $19,750 10% of taxable income Over $19,750 but not over $80,250 $1,975.00 + 12% of the excess over $19,750. Over $80,250 but not over $171,050 $9,235.00 +22% of the excess over $80,250. Over $171,050 but not over $29,211.00 + 24% of the excess over $326,600 $171,050 Over $326,600 but not over $66,543.00 + 32% of the excess over $414,700 $326,600 Over $414,700 but not over $94,735.00 + 35% of the excess over $622,050 $414,700 $167,307,50 + 37% of the excess over Over $622,050 $622,050 ... RE Ta Print Done er Bruce and Martha plan to marry in December 2020. Bruce's salary is $50,000 and he owns his residence. His itemized ded her - X Reference Red Red Single If taxable income is: The tax is: Not over $9,875 10% of taxable income. Over $9,875 but not over $40,125 $987.50 + 12% of the excess over $9,875. Over $40,125 but not over $85,525 $4,617.50 +22% of the excess over $40,125 $14,605,50 + 24% of the excess over Over $85,525 but not over $163,300 $85,525 Over $163,300 but not over $33,271.50 + 32% of the excess over $207,350 $ 163,300 Over $207,350 but not over $47.367.50 + 35% of the excess over $518,400 $207 350 Tax Print Done her Bruce and Martha plan to marry in December 2020. Bruce's salary is $50,000 and he owns his residence. His itemized ded - X Reference Red Red Not over $9,875 10% of taxable income Over $9,875 but not over $40,125 $987.50 + 12% of the excess over $9,875. Over $40,125 but not over $85,525 $4.617.50 + 22% of the excess over $40,125. $14,605.50 + 24% of the excess over Over $85,525 but not over $163,300 $85,525. Over $163,300 but not over $33,271.50 + 32% of the excess over $207,350 $163,300 Over $207,350 but not over $47,367.50 + 35% of the excess over $518,400 $207,350. $156,235.00 + 37% of the excess over Over $518,400 ..$518,400. Tax Print Done Bruce and Martha plan to marry in December 2020. Bruce's salary is $50,000 and he owns his residence. His itemized deductions total $18,400. Martha's salary is $85,000. Her itemized deductions total only $8,000 as she does not own her residence. For purposes of this problem, assume 2021 tax rates and standard deductions are the same as 2020 (Click the icon to view the standard deduction amounts.) (Click the icon to view the 2020 tax rate schedule for the Married filing jointly filing status.) (Click the icon to view the 2020 tax rate schedule for the Single filing status) Read the requirements. .. Requirement a. What will their 2020 tax be if they marry before year-end and file a joint retuha? Taxable income marry in December 2020. Bruce's salary is $50,000 and ho owns his residence, Histomized doductions total $18.400. Martha's salary is $85,000. Her home decoctions to cry in her residence. For purposes of this problem, assume 2021 tax rates and standard deductions are the same as 20:20 the standard deduction amounts.) the 2020 tax rato schedule the 2020 tax rato scheduled Requirements a. What will their 2020 tax be if they marry before year-end and file a joint return? b. What will their combined 2020 taxes be if they dolay the marriage until 2021? c. What factors contribute to the difference in taxes? their 2020 tax be if they man Print Done

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