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Maria and Tony Are Married

question 74

Essay

Maria and Tony are married. They are preparing to file their 2020 tax return. If they were to file as single taxpayers, Maria and Tony would report $40,000 and $60,000 of taxable income, respectively. On their joint tax return, their taxable income is $100,000. How much of a marriage penalty or benefit will Maria and Tony experience in 2020? (Use tax rate schedules.)


Definitions:

Metabolic Demands

The amount of energy (calories) the body requires to carry out physical and physiological processes.

Nutrients

Substances obtained from food that are essential for the maintenance of health and for growth and development.

Waist-To-Hip Ratios

A measurement used to assess the distribution of body fat, calculated by dividing the circumference of the waist by the circumference of the hips.

Obesity-Related

Pertains to conditions or health concerns associated with or caused by excessive body weight.

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