Question: Incorrect Question 2 0/20 pts How can Emily maximize tax savings by transferring her substantial salary to her three children, ages ranging from 2

Incorrect Question 2 0/20 pts How can Emily maximize tax savings by

Incorrect Question 2 0/20 pts 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. Transfer $12,400 of salary to each child in order to take advantage of the standard deduction. Transfer one-third of her salary to each child. Transfer $2,200 of salary to each child. None of the other answers are correct.

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