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Marco and Lila have incomes of $264,000 and $175,000 respectively in 2018. Each of them...

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Accounting

Marco and Lila have incomes of $264,000 and $175,000 respectively in 2018. Each of them has made contributions to the Ovarian Cancer Institute (the highest federal tax bracket for 2018 started at an income of $205,842). The contributions were as follow: Marco = $37,000 Lila = $33,000 Calculate the optimized tax credit that would result for the couple. Question 14 options: $21,658 $22,598 $22,785 $22,997

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