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Taxable income: What it is and how to calculate it
The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.
Earned income refers to the money that you make from working, including salaries, wages, tips and professional fees. Unearned income, comparatively, is the money that you receive without performing ...
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 ...
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