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Which option they choose from a federal tax perspective

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Question - The Smith family decides that they need to earn $100,000 each year to cover their personal and living expenses. They have two options:

1) Mrs. Smith takes a job that pays $100,000 per year.

2) Mr. and Mrs. Smith each take a job that pays $50,000 per year.

Required - Ignoring tax credits for now, does it matter which option they choose from a federal tax perspective?

Reference no: EM132651338

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