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Education
Will the student actually be filing a tax return? Or is you intent to get his income to exactly $13,850 to avoid filing a return.
It may make a little difference if we make more of his scholarship (or some of his 529 distribution) taxable to take advantage of his lower tax rate.
The "kiddie tax" kicks in at $1250.
‎April 4, 2024
9:13 AM