- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
@dimmi0205 wrote:
since its deposited in Minor roth (which is an after tax account) and the earned income was in cash and no tax was paid upfront but all earnings were as is deposited in minor roth - so would there be no tax liability?
Correct he has no tax liability.
He would only have to file a tax return if he had unearned income of $1,300 or more
Or earned income of more than $14,600
‎January 28, 2025
10:02 AM