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44. [LO 2.3] Cynthia and Howard, married taxpayers filing a joint return, have $100,000 in taxable income in 2019. They have
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Answer #1
Taxable Income $ 100,000
Tax liability 13,717.00 =19400*10%+((78950-19400)*12%)+((100000-78950)*22%)
Taxable Income after Shifting income        92,000 =100000-(2000*4)
Revised tax liability 11,957.00 =19400*10%+((78950-19400)*12%)+((92000-78950)*22%)
The Family Saves in taxes $ 1,760.00 =13717-11957
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thank you in advance!! 44. [LO 2.3] Cynthia and Howard, married taxpayers filing a joint return,...
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