Problem 8-48 (LO 8-1) (Algo) In 2023, Lisa and Fred, a married couple, had taxable income of $401,200. If they were to file separate tax returns, Lisa would have reported taxable income of $225,600 and Fred would have reported taxable income of $175,600. Use Tax Rate Schedule for reference. What is the couple's marriage penalty or benefit? Note: Do not round intermediate calculations. Marriage benefit

Problem 8-48 (LO 8-1) (Algo) In 2023, Lisa and Fred, a married couple, had taxable income or $401,200. If they were to file separate tax returns, LISa would have reported taxable income of $275,600 and Fred would have teported taxable income of $75,600 Usa Tax Rate:Schedule for eference What is the couples martiage penalty or benerng Note: Do not round intermediate calculations. Marriage bersefit