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- 20:29, 11 May 2026 CandyHeagney495 talk contribs created page How Much A Taxpayer Should Owe From Irs To Find Out Tax Debt Settlement (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone can be in a high tax bracket to a person who is in the lower tax bracket. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't have other taxable income. Normally, the other individual is either your spouse or common-law spouse, but it can also be your children. Whenever it is possible to transfer income to a person in...")