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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Related Book For
Taxation For Decision Makers 2008
ISBN: 9780324654110
2nd Edition
Authors: Shirley Dennis-Escoffier, Karen A. Fortin
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