Alice and Alan have been married for five years and have two children. In 2018, Alice had wages from her programming job of $65,000 and Alan made $20,000 as a part-time accountant. Alice also got an additional $5,000 year-end bonus paid to her on December 24. In 2018, they contributed $10,000 to Alice's traditional 401k, and $4,000 to Alan's traditional IRA. Assuming a taxable income of $80,000, what is Alice and Alan's federal marginal tax rate?
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Home » Business » Alice and Alan have been married for five years and have two children. In 2018, Alice had wages from her programming job of $65,000 and Alan made $20,000 as a part-time accountant.