Income over $2,100 on investments owned by children under age 19 (or college students to age 24) is taxed at much higher trust tax rates. Their tax on dividends, interest and investment sales may be much higher than yours.
Investments make some of the most impactful gifts. What’s more, when given right, investment gifts benefit everyone. Here’s how to gift stock and other financial things in the most impactful way possible — for you and the recipient.