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Business & farm
My apologies for the misstatement, to clarify, my son will file a return but his income is less than the standard deduction so he shouldn't have any taxable income. We made this arrangement to reduce our own taxes without creating any tax liability for him, having the additional benefit of showing that he has verifiable income in the event he needs to apply for credit. Am I thinking too far out the box on this one?
‎February 25, 2022
9:19 PM