Parents who put money into their childrens Trump Accounts might face a headache come tax time: Even the smallest contributions may require them to fill out a little-used gift tax form that can take h… [+16 chars]
Why investing in a Trump Account could complicate your taxes - The Washington Post
Tax experts are urging Congress to shut down an arcane IRS reporting requirement that could make the savings vehicles too burdensome for most parents.
By:Julie Zauzmer Weil
Source:The Washington Post
Published:
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