![44. [LO 2.3] Cynthia and Howard, married taxpayers filing a joint return, have $100,000 in taxable income in 2019. They have](http://img.homeworklib.com/questions/7968e880-1731-11eb-8858-abc16958f8b4.png?x-oss-process=image/resize,w_560)
Homework Answers
| Taxable Income | $ 100,000 | |
| Tax liability | 13,717.00 | =19400*10%+((78950-19400)*12%)+((100000-78950)*22%) |
| Taxable Income after Shifting income | 92,000 | =100000-(2000*4) |
| Revised tax liability | 11,957.00 | =19400*10%+((78950-19400)*12%)+((92000-78950)*22%) |
| The Family Saves in taxes | $ 1,760.00 | =13717-11957 |
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