An examination of how the tax code treats different households shows that working families get far less support than some ...

Kids who are claimed as dependents on ... Sign up Even if your son isn't required to file a tax return, he might want to do so anyway to get back any income taxes that his employer withheld.

If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...

At least when it comes to taxes, kids can help reduce the amount you owe ... than the tax you owe,” Greene-Lewis says. [Read: Do You Owe the IRS? How to Find Out] Bottom line: The less you ...

So, if you give your daughter or son-in-law more than $19,000 each, or $38,000 together, you’d need to file a gift tax return. That does not mean that you or your kids would pay taxes on the ...

It’s important to note that if you do make a split gift, you must file IRS Form 709, a gift tax return. If you’re feeling charitable toward your kids, you can also go over the gift limits.