Essay
Chloe and Bill, both single with no dependents, plan to marry either immediately before or immediately after year-end. Chloe's income for 2018 is $89,000 and Bill's is $86,000 before subtracting $12,000 for the standard deduction for each. Would they have a marriage penalty or a marriage benefit if they married at the end of 2018?
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Neither, the tax liability remains the s...View Answer
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