Question: Mr . All's salary was $ 4 0 7 , 0 0 0 , and Ms . Ali's salary was $ 3 6 4 ,

Mr. All's salary was $407,000, and Ms. Ali's salary was $364,000. They had no other income items, no above-the-line or itemized deductions, and no dependents. Assume the taxable year is 2024. Use Individual Tax Rate Schedules and Standard Deduction Table.
Required:
a. Compute their tax on a joint return.
b. Compute their combined tax if they file separate returns (married filing separately).
c. Compute their marriage penalty (excess of tax on a joint return over combined tax on two returns filed as single taxpayers).
Complete this question by entering your answers in the tabs below.
Compute their tax on a joint return.
Note: Round your answer to the nearest whole dollar amount.
Income Tax\table[[If taxable income is,The tax is],[Not over $23,200,10% of taxable income],[Over $23,200 but not over $94,300,$2,320.0012% of excess over $23,200
Mr . All's salary was $ 4 0 7 , 0 0 0 , and Ms .

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