Solved: I sold stock in my children's account. They each received a tax statement. Can I report the gains on my income tax or do I have to report it on their income tax?
I sold stock in my children's account. They each received a tax statement. Can I report the gains on my income tax or do I have to report it on their income tax?
Taxes are significantly less if I report their profit from the sale of stocks on my tax return.
I sold stock in my children's account. They each received a tax statement. Can I report the gains on my income tax or do I have to report it on their income tax?
It is their income and should be reported on their return.
I sold stock in my children's account. They each received a tax statement. Can I report the gains on my income tax or do I have to report it on their income tax?
It is their income and should be reported on their return.
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