Children as Dependents, Kiddie Tax, and College Tax Planning Strategies – Updated

A number of years ago, we authored this article explaining why higher income parents may be well served to gift appreciated investments to their children and then have the children use the proceeds to pay for college. The article further explained how taxpayers who faced alternative minimum tax (AMT) received no tax benefit from [...]

Resource Planning Group2021-05-18T16:45:39-04:00Education Planning, Financial Planning, Personal Finance, Tax Planning|15 Comments

Children as Dependents and College Tax Planning Strategies

Note: An updated version of this article was posted in May 2018 to reflect the new tax law under the Tax Cuts and Jobs Act. It can be found here: https://rpgplanner.com/college-tax-planning-strategies/ Most questions in life that begin “Can I…” ideally ought to be prefaced with the question of “Should I…” The distinction is important. “Can [...]

Resource Planning Group2021-03-28T15:01:14-04:00Education Planning, Financial Planning, Tax Planning|0 Comments

Children as Dependents, Kiddie Tax, and College Tax Planning Strategies – Updated

Children as Dependents and College Tax Planning Strategies

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