Bill and Mary plan to marry in December of 2012. Bill's salary is $32,000 and he owns a residence. His itemized deductions total $12,000. Mary's salary is $39,000. Her itemized deductions total only 1,600 as she does not own a residence. Assume that 2013 tax rates, exemptions, and standard deductions are the same as 2012.
Answer the following;
1.What will their tax be if they marry before year-end and file a joint return.
2.what will their combined taxes be for the year if they delay the marriage until 2013?
3. what factors contribute to the differences in taxes?
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