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Havel and Petra are married and will file a joint tax return. Havel has W-2 income of $40,000, and Petra has W-2 income of $41,895.
Required:
Question 1: What is their tax liability using the Tax Tables?
Question 2: What is their tax liability using the Tax Rate Schedule?
Delinquent taxes receivable in the amount of $17,150 were written off as uncollectible. Record this transaction in the General Fund
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