Family Unity Promotion Act of 1994

[AI summary unavailable — showing source text] Family Unity Promotion Act of 1994 - Amends the Internal Revenue Code to allow married couples to make a combined return of income taxes under which each spouse is taxed using rates applicable to unmarried individuals. Makes the standard deduction applicable to such individual. Allows certain spouses a full deduction for contributions to an individual retirement account. Increases the personal exemption for a dependent child who has not attained age 18 from $2,000 to $3,500.…