Stephanie and Mitch are married and they file a joint tax return.Mitch received a slightly higher salary than Stephanie did during the year.Which of the following statements is true?
A) Stephanie and Mitch likely pay no tax marriage penalty nor receive a tax marriage benefit.
B) Stephanie and Mitch likely pay a tax marriage penalty.
C) Stephanie and Mitch likely receive a tax marriage benefit.
D) Stephanie and Mitch likely will pay a tax marriage penalty and receive a tax marriage benefit.Couples earning similar amounts of income are likely to pay a marriage penalty.
Correct Answer:
Verified
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