|
|
|
|
|
by Bricejm
5037 days ago
|
|
Jeff - CEO/Founder - The tax advantage is for the income earned on the investment. The kiddie tax exemption eliminates the the first $950 of unearned income.
As long as deposits are less than $13,000 per parent/grandparent each year there are no tax issues for them either. |
|