Learning Library Quick Answers Investment Planning |
Answer: Yes, for the exemption. But, keep in mind for the kiddie tax, over 50% must be from earned income. Scenario:If college cos....
Answer: No, but you do if you want to take advantage of the State tax deduction.Each state has its own rules as to who can invest ....
Answer: If the parent/beneficiary has access to the funds, it would be treated as a parent asset. With these, the parent will prob....
Answer:If the parent or the student (including UTMA/UGMA) is the owner, then they are counted as parent assets for both the FAFSA ....
Scenario: If a grandmother wants to gift to a 529 for estate tax purposes is the gift completed when she sets up the account or is....