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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Satish C. Shah who wrote (6586)	2/17/1999 11:10:00 PM
From: theRedDog	Read Replies (1) of 99985

**OT*** >>>>> I am not an accountant, but I have come across this problem. The answer is no, till the age of 14 (your sons) you have to include his gains in your taxes. <<<<< I don't think this is accurate. The way I understand it is as follows: The first $750 (the amounts might be slightly different) in gains are tax exempt. The second $750 are taxed at your son's rate (15% if my memory serves me well) Gains over $1500 are taxed at the parent's rate. (Your rate) Hope this helps. theRedDog

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