Mr. Olaf earned an $89,000 salary, and Mrs. Olaf earned a $40,330 salary. The couple had no
Question:
Mr. Olaf earned an $89,000 salary, and Mrs. Olaf earned a $40,330 salary. The couple had no other income and can't itemize deductions.
a. Compute their combined tax if they choose to file separate returns.
b. Compute their tax if they file a joint return.
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a Mr Olafs total income 89000 Standard deduction 12000 Taxable income ...View the full answer
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Related Book For
Principles Of Taxation For Business And Investment Planning 2019 Edition
ISBN: 9781260161472
22nd Edition
Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan
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