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Mike DiSabatino CPA

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Don't have a mutual fund-kiddie tax surprise

kid

Many taxpayers purchase mutual funds in their children's names to take advantage of their lower-tax rates.

By keeping their child's unearned income below $2,100 the tax is low or non-existent. A surprise dividend or capital gain could expose much of this unearned income to higher tax rates.


As always, feel free to pass this Tip along to friends, and reach out if you need help with your personal tax and finance situation.

DiSabatino CPA
Michael DiSabatino
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Camarillo, CA 93012
Phone: 805-389-7300
ww.sharpcpa.com

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