Cynthia and John have dependent twins ages 18. Their joint income places them in the 33 percent
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Cynthia and John have dependent twins ages 18. Their joint income places them in the 33 percent marginal tax bracket. What are their total tax savings if they can transfer $2400 of taxable income to each of the children? The children have no other income that is taxable.
Related Book For
Financial Markets and Institutions
ISBN: 978-0077861667
6th edition
Authors: Anthony Saunders , Marcia Cornett
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