First below is the basic information about what Kiddie tax is (this is from irs.gov)? If the child’s interest, dividends, and other investment income total more than $2,000, part of that income may be taxed at the parent’s tax rate instead of the child’s tax rate. See Form 8615 Instructions, Tax for Certain Children Who… Continue reading Does Kiddie Tax Create Inequality
Smart Financial Move When You Need Quick Cash
The Smart Financial Move When You Need Quick Cash Managing your finances is a constant juggling act, and every now and then it will become a bit too much to handle. Life can be incredibly unpredictable, and this means that from time to time there will be sudden unexpected expenses that you have to face,… Continue reading Smart Financial Move When You Need Quick Cash
Not All Personal Financial Blogs Are A Good Fit For You
The Good Personal Finance Advice Before blogging I was an avid personal finance blog reader, with my favorite blog being a site called “Frugal Dad”. Why did I gravitate to the site “Frugal Dad”? Because it was a great site and described things that pertained to me. When I started reading “Frugal Dad”, I was… Continue reading Not All Personal Financial Blogs Are A Good Fit For You
My 401k Contribution Mistake This Past Year
It’s December, and I have to admit I’m hurting financial, but in more of a good way than a bad way. Still, I’m very stressed out! This year I decided that I was going to try to max out both my 401k and Roth IRA contributions for the year. Well, now it’s obvious that it’s… Continue reading My 401k Contribution Mistake This Past Year