Harold has elected to split his eligible pension income with his wife Martha who does not...

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Harold has elected to split his eligible pension income with his wife Martha who does not have any income in her own right. As the pension transferee, even though Martha's taxable income has increased following the split, what benefit or tax credit would be positively affected? Harold has elected to split his eligible pension income with his wife Martha who does not have any income in her own right. As the pension transferee, even though Martha's taxable income has increased following the split, what benefit or tax credit would be positively affected?

Answer rating: 100% (QA)

When Harold elects to split his eligible pension income with his wife Martha Martha becomes the pens... View the full answer