Quote:
Originally posted by MikeW@May 3 2004, 10:24 AM
getting gifted your earnings???
and what IRS has to say about that?
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yep you can give your kids tax free gift, irs hasn't said anything my dad handles my taxes.
most of you probably invest with your own retirement funds to enjoy tax benefits but i am not worried about my retirement at all right now, my dad lets me use some of his funds to invest because i can back up any losses if the need be. he's been letting me do this, with smaller amounts of course, since i was 15 and has been following stocks with me since i was 12 its a good thing to do with your kids.
serge you wanted picks you got em so check back on em at the end of the week.