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- 11:11, 13 May 2026 MalcolmKingsford talk contribs created page How Much A Taxpayer Should Owe From Irs To Expect Tax Debt Help (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone is actually in a high tax bracket to someone who is in the lower tax bracket. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't get other taxable income. Normally, the other person is either your spouse or common-law spouse, but it can also be your children. Whenever it is easy to transfer income to someone in a lower t...")