Question: In 2 0 2 4 , Lisa and Fred, a married couple, had taxable income of $ 4 0 5 , 4 0 0 .

In 2024, Lisa and Fred, a married couple, had taxable income of $405,400. If they were to file separate tax returns, Lisa would have reported taxable income of $227,700 and Fred would have reported taxable income of $177,700. Use Tax Rate Schedule for reference.

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