Question: I need help answering the following question unless otherwise stated in the question this relates to the current 2021 tax year. How can Emily maximize

I need help answering the following question unless otherwise stated in the question this relates to the current 2021 tax year.

How can Emily maximize tax savings by transferring her substantial salary to her three children, ages ranging from 2 - 12? Emily has a 37% marginal tax rate.

Group of answer choices

Transfer one-third of her salary to each child.

Transfer $12,400 of salary to each child in order to take advantage of the standard deduction.

None of the other answers are correct.

Transfer $2,200 of salary to each child.

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