Question

I need help understanding and solving this please.

Rebecca and Roberto have adjusted gross incomes of $49,000 and $33,200, respectively. Assume that each person takes one exemption and the standard deduction. Answer parts (a) through (c) below. Married Filing Tax Rate Single Jointly 10% up to $8,925 up to $17,850 15% up to $36,250 up to $72.500 25% up to $87,850 up to $146,400 28% up to $183,250 up to $223.050 Standard $6100 $12,200 Deduction Exemptions $3900 $3900 (per person) a. Calculate the tax owed by the couple if they delay their marriage until next year so they can each file a tax return at the single tax rate this year. The couple owes $ (Simplify your answer. Round to the nearest dollar as needed.) b. Calculate the tax owed by the couple if they marry before the end of the year and file a joint return. The couple owes $ (Simplify your answer. Round to the nearest dollar as needed.) Click to select your answer(s).

Answer 1

(9). if they. Calentation of tax owned by Couple file single tax return. 11 dax for Rebecca 1 $ 49,000 (6160) (3900) Less Less 39, ooo 892.5 tax gross income Standard deduction Examptions Total income upto 8,995 @ 10.1. 1 36250 (36250-8925) 27395 @ 151 dax foen (39000-36950) 0951 = 2750 x 254 det for de becca 4098.75 687.5 5678.75 (1) tax for Roberto bross Income Less Standard Deduction Les exemption Total income 33,900 (6.100) (3900) 23,200 test tax 892.5 for 8925 @ 10.1 four (23,9co-8925+15.1. tax for Roberto 3033.75 2147.25

The couple ownes = 5678.75 + 3033. 75 = 8712.5