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please help with question attach to photo question 3-61. thanks. discusses the tax consequences for both Jim and Linda. 13-6 John and Mary (your clients)
please help with question attach to photo question 3-61. thanks.
discusses the tax consequences for both Jim and Linda. 13-6 John and Mary (your clients) have two small children and are looking for ways to help fund the children's college education. They have heard that Series EE bonds are a tax- favored way of saving and have requested your opinion on the tax consequences. They have asked your opinion regarding the relative advantages of purchasing Series EE bonds in their names versus the children's names. John and Mary have indicated that they expect to have a high level of income in the future and that their children may receive other in- come sources from future inheritances. Prepare a client memo making recommendation about the tax consequences of Series EE bond investments for John and Mary lee and lane have h 13-6Step by Step Solution
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