What is the “kiddie tax”?

Jan 25, 2012

We all know that everyone has to file a tax return and pay their taxes due, but does that apply to children, too? Many people may have heard of what is often referred to as the “kiddie tax.” The Ohio Society of CPAs explains who is subject to it and what it may mean for your own family’s tax planning.

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Why work with a CPA?

When you need financial advice, it’s important to hire the most qualified professional. Certified Public Accountants (CPAs) have extensive training in many financial areas and have passed rigorous testing to ensure their competency.

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