Question: which is the correct answer? Alan and Sara Winthrop are a married couple who file a joint income tax return. They have two children, so
which is the correct answer?
Alan and Sara Winthrop are a married couple who file a joint income tax return. They have two children, so they claim a total of 4 exemptions. In addition, they ave legitimate itemized deductions totaling $25,750. Their total income from wages is $237,500. Assume the following tax table is applicable: Markiad Cniurloe Filina Inint Retuirne What is their federal tax liability? 52935750 311. 87525 505.32550 341,861.40 1445250
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