Domestic Mr. Olaf earned an $89,000 salary, and Ms. Olaf earned a $40,330 salary. The couple had no other income and cannot itemizedeductions. Assume the taxable year is 2023. Use Individual Tax Rate Schedules and Standard Deduction Table.Required:a. Compute their combined tax if they choose to file separate returns.b. Compute their tax if they file a joint return.Complete this question by entering your answers in the tabs below.Required A Required BCompute their combined tax if they choose to file separate returns.Note: Round your intermediate calculations and final answers to the nearest whole dollar amount.Mr. Olaf's TaxMs. Olaf's TaxCombined TaxIS$$X Answer is complete but not entirely correct.Amount12,880 x5,090 X17,970

Tax is the amount of expenses that is charged by the government to individuals and organizations on…

Mr. Olaf earned an $89,000 salary, and Ms. Olaf earned a $40,330 salary. The couple had no other income and cannot itemize deductions. Assume the taxable year is 2023. Use Individual Tax Rate Schedules and Standard Deduction Table. Required: a. Compute their combined tax if they choose to file separate returns. b. Compute their tax if they file a joint return.