Andrea, who is single and in the 37 tax bracket, is interested in reducing her taxes She is considering several alternatives Charitable giving Retirement planning (income deferral) Buying tax exempt bonds Shifting income to her 3 children Purchase of rental real estate Given the above options, what...

Here is my analysis and recommendation for Andrea Charitable giving provides a tax credit that reduc ...

Andrea, who is single and in the 37% tax bracket, is interested in reducing her taxes. She

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Andrea, who is single and in the 37% tax bracket, is interested in reducing her taxes. She is considering several alternatives:

Charitable giving
Retirement planning (income deferral)
Buying tax-exempt bonds
Shifting income to her 3 children
Purchase of rental real estate

Given the above options, what would you recommend to Andrea? Is one option more attractive than the other? Please be detailed with your answer. (based on 2020 tax rules/calculation)

Related Book For answer-question

Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Posted Date: Feb 16, 2024 01:03 AM

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Andrea, who is single and in the 37% tax bracket, is interested in reducing her taxes. She

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Federal Taxation 2016 Comprehensive

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