Thursday, December 15, 2011

Are there any loopholes in the kiddie tax?

tax season is coming up and i am desperately trying to avoid the kiddie tax. since im still in school i have to file a joint return with my dad even though im 22. i made a large amount of money in the stock market this year and as a result i have to pay taxes on what i sold in my dad's bracket which is almost 40%. my current job however only would put me in the 10% bracket. yuck

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