Cynthia and Howard, married taxpayers filing a joint return, have $100,000 in taxable income in 2007.They have

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Cynthia and Howard, married taxpayers filing a joint return, have $100,000 in taxable income in 2007.They have 2 children (ages 18 and 19) who have no taxable income. If they can legally shift $6,000 in taxable income to each child, how much does the family save in taxes?

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Taxation For Decision Makers 2008

ISBN: 9780324654110

2nd Edition

Authors: Shirley Dennis-Escoffier, Karen A. Fortin

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