Essay
Chloe and Bill plan to marry either immediately before or immediately after year-end.Chloe's taxable income for 2015 is $89,000 and Bill's is $86,000 before their exemptions and deductions.Neither has any dependents nor itemized deductions.Would they have a marriage penalty or a marriage benefit if they married at the end of 2015?
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Marriage penalty As single taxpayers: Ch...View Answer
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