Understanding the Kiddie Tax
By Terry Savage Consider this news to be another step in the Tax Accountants Full Employment Act. The latest change in the tax law: The “Kiddie Tax” now applies to much older kids! The new tax law...
View ArticleUnderstanding the ‘Kiddie Tax’
For something whose nickname sounds so innocent, the “kiddie tax” certainly can wreak havoc on unprepared taxpayers’ yearly returns. Congress first introduced the kiddie tax as part of the Tax Reform...
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