Question: Problem 8 - 4 8 ( LO 8 - 1 ) ( Algo ) In 2 0 2 4 , Lisa and Fred, a married

Problem 8-48(LO 8-1)(Algo)
In 2024, Lisa and Fred, a married couple, had taxable income of $410,800. If they were to file separate tax returns, Lisa would have reported taxable income of $230,400 and Fred would have reported taxable income of $180,400. Use Tax Rate Schedule for reference.
What is the couple's marriage penalty or benefit?

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