In 2019, Jasmine and Thomas, a married couple, had taxable income of $150,000. If they were to file separate tax returns, Jasmine would have reported taxable income of $140,000 and Thomas would have reported taxable income of $10,000. Use Tax Rate
The couple would have a marriage benefit of $3,822.
Explanation:
They pay will pay less by filling jointly than their combined tax liability $3,822 if they fill the firm as singles. Below is table showing how is it been gotten
