Federal income tax on their joint income tax return

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Reference no: EM131810223

Bill Alexander and his wife, Valerie, are both employed. Bill will have an adjusted gross income this year of $70,000. Valerie has an adjusted gross income of $2000 a month. Bill and Valerie have agreed that Valerie should continue working only until the federal income tax on their joint income tax return becomes $11,500. On what date should Valerie quit her job?

Reference no: EM131810223

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