Jack and Jill were married on December 1, 2018. Jill and her two children of a previous marriage moved into Jack’s home. Jill’s children are 14 and 16 and have no income. Jack and Jill ha 1

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Jack and Jill were married on December 1, 2018. Jill and her two posterity of a former wedding moved into Jack’s home. Jill’s posterity are 14 and 16 and keep no proceeds.

            Jack and Jill keep the forthcoming proceeds for tax purposes for 2018:

                                                            Prior to the Marriage             Subsequent to the Marriage

            Jack                                                    $33,000                                   $3,000

            Jill                                                           9,800                                        800

            You keep been asked to:

(a)   Determine the optimum singular tax credits lower minority 118 for twain Jack and Jill for 2018.

(b)  How would your vindication substitute in 2019 if the proceeds levels sojourn the identical?

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