The kiddie tax is a set of tax rules designed to prevent parents from reducing their tax burden by shifting investment income to their children. It applies to children under the age of 18, or ...

Whether you must file depends primarily on your income, age, and filing status, and there are clear thresholds to consider.

The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

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You must file a federal tax return if your income meets the IRS filing threshold for your age and filing status, if you ...