Defeating the kiddie tax after tax reform

When it comes to the kiddie tax, the IRS isn’t kidding around.

Thanks to the Tax Cuts and Jobs Act, there are new changes in the law for tax years 2018 through 2025.

For those years, the Tax Cuts and Jobs Act taxes a portion of an affected child’s or young adult’s unearned income at the federal income tax rates paid by trusts and estates.

And those rates are high!

Trust tax-rates can be as high as 37-percent or 20-percent for a long-term capital gains and qualified distributions.

What can you do to avoid falling victim to the new kittie tax regulations?

Read our new article now!

“Defeating the kiddie tax after tax reform.”

Here’s just some of what we’ll cover
in our new issue of the Tax Reduction Letter

• Kiddie tax basics: learn what you’re up against
•  How to calculate the Kiddie Tax
•  Multiple examples that makes everything clear
•  How to exploit the unearned income threshold
•  Why it’s important to pick the right investments
  •  Growth Stocks
  • Tax-Efficient Mutual Funds
  • Section 529 Plan
  • Generate Earned Income
• And much more!

Read the article now!