Sally and Jim are married and have taxable income in 2018 of $700,000. If they could file
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Sally and Jim are married and have taxable income in 2018 of $700,000. If they could file their income tax as single individuals, each of them would have taxable income of $350,000. Do they have a marriage penalty when they file their joint return? If so, what is the amount of the penalty?
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Yes they have a marriage penal...View the full answer
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Related Book For 
Taxation For Decision Makers 2019
ISBN: 9781119497288
9th Edition
Authors: Shirley Dennis Escoffier, Karen A. Fortin
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