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

n 2024, Lisa and Fred, a married couple, had taxable income of $400,000. If they were to file separate tax returns, Lisa would have reported taxable income of $225,000 and Fred would have reported taxable income of $175,000. Use Tax Rate Schedule for reference.
What is the couple's marriage penalty or benefit?
Note: Do not round intermediate calculations.

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