Kiddie Tax Explained A Comprehensive Guide for Parents

How can you save money with the “Kiddie Tax”? In this episode of the Small Business Tax Savings Podcast, Mike discusses strategies for reducing or avoiding the Kiddie Tax. He explains when it applies and what investments can be used to keep unearned income low.

Mike provides tips on filing form 8615, investing in Series EE, saving bonds, and more.

Tune in now and listen as Mike shares his goal to ensure you are paying the lowest amount in taxes as legally possible!

00:24 Strategies To Minimize Unearned Income Tax For Minors
01:21 4 Primary Criteria Of Kiddie Tax
05:36 Minimize Kiddie Tax And Take Advantage Of Investment Opportunities
08:02 Closing Segment

______

Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings Podcast
Join Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax

IncSight Packages: https://incsight.net/pricing/

Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale
-------
Podcast Website: https://www.TaxSavingsPodcast.com
Facebook Group: https://www.facebook.com/groups/taxsavings/
--------
To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: [email protected]