Re:AI financial advice is surprisingly good if you ask the r...
by toast0 on Sunday August 02, 2026 @02:27AM
(#49141679)
Depends on jurisdiction, I'm sure.
In the US, kids taxes can be separate, but after a small exemption, they pay the parents rate on unearned income (investments, interest, etc). You have to have a pretty big balance before 3% apy gets past the exemption though.
In the US, kids taxes can be separate, but after a small exemption, they pay the parents rate on unearned income (investments, interest, etc). You have to have a pretty big balance before 3% apy gets past the exemption though.