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Problem 1 - 1 7 Filing Status and Tax Computation ( LO 1 . 5 ) Melissa and Whitney are married taxpayers with taxable income

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Problem 1-17
Filing Status and Tax Computation (LO 1.5)
Melissa and Whitney are married taxpayers with taxable income of $106,000 and no dependents.
a. When you calculate their tax liability, are you required to use the tax tables or the tax rate schedules, or does it matter?
The tax rate schedules must be used.
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A taxp.ayer's gross tax liability is obtained by reference to the tax tables or by use of a tax rate schedule. Or, the IRS can figure your tax.
Click here to access the tax table and tax rate schedules to use for this problem.
b. What is their 2023 pre-credit tax liability?
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