Mr. Hill earned a $109,000 salary, and Ms. Gomez earned a $187,200 salary. Neither individual...
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Accounting
Mr. Hill earned a $109,000 salary, and Ms. Gomez earned a $187,200 salary. Neither individual had any other income, and neither can itemize deductions. Assume the taxable year is 2022. Use Individual Tax Rate Schedules and Standard Deduction Table. Required: Compute Ms. Gomez and Mr. Hills combined tax if they file as single individuals. Compute Ms. Gomez and Mr. Hills tax if they are married and file a joint return.
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