Havel and petra are married will file a joint tax return, Accounting Basics

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Havel and petra are married will file a joint tax return

Question - Havel and Petra are married, will file a joint tax return, and meet the requirements to file form 1040EZ. Havel has w-2 income of $40,000 and Petra has w-2 income of $44,542. Use the appropriate Tax Tables and Tax rate schedules.

A. What is their tax liability using the tax tables?

B. What is their tax liability using the Tax Rate Schedule?

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Accounting Basics: Havel and petra are married will file a joint tax return

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Accounting Basics: Havel and petra are married will file a joint tax return

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