gcgang
Thinks s/he gets paid by the post
- Joined
- Sep 16, 2012
- Messages
- 1,571
https://www.kiplinger.com/slideshow...d=56&kwp_0=696343&kwp_4=2465704&kwp_1=1042887
Excuse me, if posted before, as this was published in January, but I thought Kiplinger did a decent summary of the New Tax Law.
I'm going to have to reread the Kiddie tax stuff, w my 17 year old having some earned income plus UTMA stuff. They use Trust brackets?!? Could she (me) be in effective 50% bracket with Soc Sec, state tax and a possible 37% Trust bracket? I hope I've totally misunderstood.
Excuse me, if posted before, as this was published in January, but I thought Kiplinger did a decent summary of the New Tax Law.
I'm going to have to reread the Kiddie tax stuff, w my 17 year old having some earned income plus UTMA stuff. They use Trust brackets?!? Could she (me) be in effective 50% bracket with Soc Sec, state tax and a possible 37% Trust bracket? I hope I've totally misunderstood.