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Financial Planning / Tax Strategies


Subject:  Re: Custodial Account/Capital Gain Date:  9/26/2012  3:43 PM
Author:  Wradical Number:  116671 of 124774

I agree with Peter's remarks, EXCEPT that it seems to me that the son is subject to the Kiddie Tax (Form 8615), so the tax rate on the LTCG won't necessarily be zero, if the parents are above the 15% bracket.

OR am I missing something? That's happened before, too.

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