Emma (age 30) and Brad (age 32) are considering getting married before the end of 2022....

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Emma (age 30) and Brad (age 32) are considering getting married before the end of 2022. The following summarizes their income and deductions: ABC Brad Emma Salary 112,000 94,000 Itemized Deductions 21,700 11,800 Requirements: Compute 2022 (1.) taxable income; (2.) income tax liability; and (3.) the average tax rate under the following scenarios. Provide the details of your computations and use formulas when appropriate. They get married on December 1, 2022 and they choose to file married joint. They get married on January 1, 2023. What is the tax consequence to Emma and Brad, if they get married on December 1, 2022? Emma (age 30) and Brad (age 32) are considering getting married before the end of 2022. The following summarizes their income and deductions: ABC Brad Emma Salary 112,000 94,000 Itemized Deductions 21,700 11,800 Requirements: Compute 2022 (1.) taxable income; (2.) income tax liability; and (3.) the average tax rate under the following scenarios. Provide the details of your computations and use formulas when appropriate. They get married on December 1, 2022 and they choose to file married joint. They get married on January 1, 2023. What is the tax consequence to Emma and Brad, if they get married on December 1, 2022?

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A They get married on December 1 2022 and they choose to file married joint Total Salary 112000 9400... View the full answer