Find what is the couple marriage penalty or benefit

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In 2019, Jasmine and Thomas, a married couple, had taxable income of $103,000. If they were to file separate tax returns, Jasmine would have reported taxable income of $93,000 and Thomas would have reported taxable income of $10,000. Use Tax Rate Schedule for reference.

Question 1: What is the couple's marriage penalty or benefit?

Reference no: EM132598130

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