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

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June 7th, 2024

Cynthia and Howard, married taxpayers filing a joint return, have $100,000 in taxable income in 2014.They have 4children (ages 4 through 12) who have no taxable income. If they can legally shift $2000 in taxable income to each child, how much does the family save in taxes?

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