SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (6075)10/12/2010 10:15:13 PM
From: Paul Kern1 Recommendation  Respond to of 34328
 
If I want to setup an individual investment account for them is there a tax smart way to do it?

U.T.M.A.



To: Elroy who wrote (6075)10/12/2010 11:03:38 PM
From: Steve Felix  Respond to of 34328
 
I think Paul has the best idea.

en.wikipedia.org

"For the 2009 tax year, only approximately $1,900 of the child's unearned income can avoid being taxed at the child's parent's tax rate."

en.wikipedia.org

I believe children can have $950 of unearned income before paying any tax.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News