ACCT 613-Cynthia and John have dependent twins ages

by | Mar 18, 2020 | Uncategorized

  

Cynthia and John have dependent twins ages 18. Their joint income places them in the 33 percent marginal tax bracket. What are their total tax savings if they can transfer $2400 of taxable income to each of the children? The children have no other income that is taxable.

  

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