Chloe and Bill, both single with no dependents, plan to marry either immediately before or immediately after year-end. Chloe's income for 2017 is $89,000 and Bill's is $86,000 before subtracting $10,400 for the standard deduction and personal exemption for each. Would they have a marriage penalty or a marriage benefit if they married at the end of 2017?

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The Answer of Chloe and Bill, both single with no dependents, plan to marry either immediately before or immediately after year-end. Chloe's income for 2017 is $89,000 and Bill's is $86,000 before subtracting $10,400 for the standard deduction and personal exemption for each. Would they have a marriage penalty or a marriage benefit if they married at the end of 2017?

Chloe and Bill, Both Single with No Dependents, Plan to Marry