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The purpose of the kiddie tax is to: O Burden children with higher taxes. Encourage parents to make investments for their children Prevent parents from
The purpose of the "kiddie tax" is to: O Burden children with higher taxes. Encourage parents to make investments for their children Prevent parents from shifting their tax burden to their child Neutralize the preferred capital gains rates for dependent Mark for follow up he purpose of the "kiddie tax" is to: Burden children with higher taxes. Encourage parents to make investments for their children. Prevent parents from shifting their tax burden to their children who have lower tax rates. Neutralize the preferred capital gains rates for dependent children. Mark for follow up
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