Personal Investments • Giving With a Warm Sneaky Hand - Gifting "Left Overs" From Pay Check To Kids To Invest?

@arcticpineapplecorp Thanks for your informed comment.

Our dividends are taxed federally at 20% and CA hits us with an additional 10+% so a good 30%. As I understand it, the kids will pay no tax unless their total unearned (dividend) income exceeds $2500.

Thanks again.

Statistics: Posted by MrCheapo — Wed Aug 14, 2024 7:31 pm — Replies 2 — Views 140

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