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requirements A & B Mr. Olaf eamed an $89,000 salary, and Ms. Olaf eamed a $40,330 salary. The couple had no other income and cannot
requirements A & B
Mr. Olaf eamed an $89,000 salary, and Ms. Olaf eamed a $40,330 salary. The couple had no other income and cannot itemize deductions. Assume the taxable year is 2022. Use individual Tax Rate Schedules and Standard Deduction Table. Required: a. Compute their combined tax if they choose to file separate returns. b. Compute their tax if they file a joint return. Complete this question by entering your answers in the tabs below. Compute their combined tax if they choose to file separate returns. Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. Mr. Olaf earned an $89,000 salary, and Ms. Olaf earned a $40,330 salary. The couple had no other income and cannot itemize deductions. Assume the taxable year is 2022. Use Individual Tax Rate Schedules and Standard Deduction. Tabie. Required: a. Compute their combined tax if they choose to file separate returns. b. Compute their tax if they file a joint return. Complete this question by entering your answers in the tabs below. Compute their tax if they file o joint return. Note: Round your intermediate calculations and final answer to the nearest whole dollar omount Step by Step Solution
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