I went ahead and played around with the numbers. I found that it's more beneficial if I allocate 0% and my parents 100%. That would reduce the amount of tax owe...
Thanks Victoria. My last question is if i use 0%, would my parents be responsible for the other 100%?so say i input 100% into it and i end up owing $10,000. If ...
Thanks for your answer. I started working in Jan2019 (4 months after my college graduation, I'm 24) . The health plan started in December of 2018.If they can't ...
