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tax would they pay as a married couple ( using the filing status of married filing jointly and a standard deduction of $ 2 7

tax would they pay as a married couple (using the filing status of married filing jointly and a standard deduction of $27,700) versus the total amount the two would
pay as single persons (each using the filing status of single)? Round the answers to the nearest cent. (Use the table below.)
2023 Tax Rate Schedules
Tax Rate
10% of taxable income
$1,100 plus 12% of the amount over $11,000
$5,147 plus 22% of the amount over $44,725
$16,290 plus 24% of the amount over $95,8375
$37,104 plus 32% of the amount over $182,100
$52,832 plus 35% of the amount over $231,250
$174,238.25 plus 37% of the amount over $578,125
Married Filing Jointly or Qualifying Widow(er)
Taxable Income Tax Rate
$0-$22,000,10% of taxable income
$22,000-$89,450,$2,200 plus 12% of the amount over $22,000
$89,450-$190,750,$10,294 plus 22% of the amount over $89,450
$190,750-$364,200,$32,580 plus 24% of the amount over $190,750
$364,200-$462,500,$74,208 plus 32% of the amount over $364,200
$462,500-$693,750$105,664 plus 35% of the amount over $462,500
$693,750 or more $186,601.50 plus 37% of the amount over $693,750
Total tax liability (as a married couple filling jointly): $
Total tax liability (as single persons): $
Strictly from a tax perspective, does it make any difference whether Jeffrey and Joe stay single or get married?Jeffrey Lynch, who is single, goes to graduate school part-time and works as a waiter at the Uptown Grill in Chicago. During 2023, his gross income was $36,100 in wages
and tips. He has decided to prepare his own tax return because he cannot afford the services of a tax expert. After preparing his return, he comes to you for advice. Here's
a summary of the figures he has prepared thus far:
Gross income:
Jeffrey believes that if an individual's income falls below $23,000, the federal government considers them "poor" and allows both itemized deductions and a. standard
deduction. He has found $2,300 in potential itemized deductions.
Calculate Jeffrey Lynch's taxable income. Assume that the standard deduction for a single taxpayer is $13,850. Note that personal exemptions were suspended for
$
Can Jeffrey deduct both itemized deductions and the standard deduction?
Jeffrey has been dating Erin Larson for nearly 4 years, and they are seriously thinking about getting married. Erin has income that is identical to Jeffrey's. How much
tax would they pay as a married couple (using the filing status of married filing jointly and a standard deduction of $27,700) versus the total amount the two would
pay as single persons (each using the filing status of single)? Round the answers to the nearest cent. (Use the table below.)
2023 Tax Rate Schedules
Single
Taxable Income
$0-$11,000
$11,000-$44,725
Tax Rate
10% of taxable income
$1,100 plus 12% of the amount over $11,000
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