goyito
Level 1
08-29-2020
03:15 PM
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Hi I would like to know how can i pay taxes for my son 12 year old he had like 50k on short and long Capital gains. How it will be more beneficial saving money on taxes?
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abctax55
Level 15
08-29-2020
03:23 PM
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Hi there,
You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.
HumanKind... Be Both
TaxGuyBill
Level 15
08-29-2020
05:05 PM
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Actually, if you have a 12 year old with $50,000 of capital gains you should go to a tax professional to see the entire situation. With a large amount of money, it is foolish to ask random strangers on the internet who don't have all of the pertinent details.
abctax55
Level 15
08-29-2020
05:49 PM
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That was my sentiment too, after I posted.
A 12 y/old with that much investment income probably needs professional tax advice.
HumanKind... Be Both
