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A high-tax-rate taxpayer wants to shift some income to her daughter. A married couple earned salaries this year (2009) of $64,000 and $12,000. They also received interest of $350 from municipal bonds and $500 from corporate bonds. Demarco and Janine's income from all sources totaled $200,000.
A high-tax-rate taxpayer wants to shift some income to her daughter. A married couple earned salaries this year (2009) of $64,000 and $12,000. They also received interest of $350 from munici…