K is for Kiddie Tax. It’s no secret that Congress is concerned about tax fraud. With loopholes and exceptions galore (all, ahem, actually created by
Read MoreTag: unearned income
I Kid You Not: Filing for Dependents
The arrival of catalogs at my house have done quite a bit to up my daughter’s work ethic. She has it in her head to
Read MoreAsk The Taxgirl: Tips & Income For Kids
Taxpayer asks: My daughter worked as a bagger (bagged groceries) last year at our base commissary. The baggers do not receive a salary and work
Read MoreAsk The Taxgirl: Allowances For Kids
Taxpayer asks: Hi,My husband and I have decided to open a bank account for our son. We’re going to give him an allowance every week.
Read MoreAsk The Taxgirl: Lotto Winnings & Other Income
Taxpayer asks: I deliver newspapers. Wondering if the Christmas money I receive is taxable. Also, why are lotto winnings taxable? How are you working for
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