The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.
The kiddie tax is a set of tax rules designed to prevent parents from reducing their tax burden by shifting investment income to their children. It applies to children under the age of 18, or ...
Discover what an unearned discount is, how it's calculated, and see examples. Learn how it impacts loan income and ...
I have an idea for Social Security: The present tax is only on earned income, wages, the money actually worked for. So-called unearned income, like rent, interest, dividends, is not taxed for Social ...
Income shifting lowers taxes by moving income from high to low tax brackets. Explore methods for effective tax planning.