Dec 28, 2024
10:37:04am
10:37:04am
If you have an s corp, create a family llc. Pay the llc, then pay her
Through the llc to avoid Payroll taxes.
That’s what I do.
My kids make less than the federal minimum to pay federal taxes (~$14k). So all their earnings are tax free.
We then fund their 529 through this tax free.
That’s what I do.
My kids make less than the federal minimum to pay federal taxes (~$14k). So all their earnings are tax free.
We then fund their 529 through this tax free.
Originally posted on Dec 28, 2024 at 10:37:04am
Message modified by diluigifan on Dec 28, 2024 at 10:38:13am
- Bio page
- diluigifan
- Joined
- Jan 14, 2007
- Last login
- Dec 31, 2024
- Total posts
- 2,194 (1 FO)
