Question: Problem 2 - 3 8 ( LO 2 - 4 ) Raphael and Martina are engaged and are planning to travel to Las Vegas during
Problem LO
Raphael and Martina are engaged and are planning to travel to Las Vegas during the
Christmas season and get married around the end of the year. In Raphael expects to earn
$ and Martina expects to earn $ Their employers have deducted the appropriate
amount of withholding from their paychecks throughout the year. Neither Raphael nor Martina
has any itemized deductions.
Required:
They are trying to decide whether they should get married on December or on January
What do you recommend? Use the appropriate Tax Tables.
Answer is complete but not entirely correct.
Collective
tax liability
in
Thus, for tax purposes, it makes more sense for Raphael and
Martina to get married in
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