Comparing taxable income for married couples


Problem: Roy and Brandi are engaged and plan to get married. Roy is a full-time student and earns $9,000 from a part-time job. With this income, student loans, savings, and non- taxable scholarships, he is self-supporting. For the year, Brandi is employed and reports $61,000 wages. How much 2012 Federal income tax, if any can Brandi save if she and Roy marry in 2013 and file a joint return. What is the 2012 tax return if Roy and Brandi do not marry?

Will Brandi save on her taxes if she and Roy marry?

Do the calculation and write a 2 paragraph memo with the calculations and tax advice.

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Accounting Basics: Comparing taxable income for married couples
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