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Chloe and Bill, Both Single with No Dependents, Plan to Marry

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Essay

Chloe and Bill, both single with no dependents, plan to marry either immediately before or immediately after year-end. Chloe's income for 2017 is $89,000 and Bill's is $86,000 before subtracting $10,400 for the standard deduction and personal exemption for each. Would they have a marriage penalty or a marriage benefit if they married at the end of 2017?


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Fundamental guidelines or concepts that explain how individuals acquire, process, and retain knowledge or skills over time.

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The scientific study of the mind and behavior, employing various methodologies to explore human cognition, emotions, and social interactions.

Chimpanzee

A species of great ape native to the forests and savannahs of tropical Africa, known for its intelligence and complex social behaviors.

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A species of monkey used extensively in medical and psychological research, known for its contributions to the understanding of human biology and behavior.

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