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1) Generally it is very difficult to shift income to a child. 2) Why shift capital gain income anyway, it's the same rate for everyone? 3) Primary residences are exempt from gains, unless something like a million $. 4) Any tax, especially on sale of a residence, can depend much on what you do with the proceeds, and the reason for the sale.

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โˆ™ 2006-04-08 03:41:23
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Q: Can a single parent and child jointly own a home to lower capital gains taxes?
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What will be the 2007 earned income credit amount per child?

Income eligibility guidelines for 2007 tax year are: * Families with one child ($33,241 single parent) * Families with one child ($35,241married filing jointly) * Families with two or more children ($37,783 single parent) * Families with two or more children ($39,783 married filing jointly) * Single workers without children ($12,590) * Married workers without children ($14,590) * Investment Income Limit: $2,900 or less

What is single parent family?

A single parent is the absence of one parent in the child or children life it could be mother or father.

Are same-sex married couples permitted to adopt children in Wyoming?

Although a single gay person is allowed to adopt a child, it is unclear whether a same-sex couple can legally adopt (either jointly or "second parent") a child in Wyoming.

Di single parents required to pay child support?

Most single parents do not pay child support. The absent parent pays the child support.

Single-parent households tend to spend less money on raising a child?


As a single parent can you get your child baptized?

Yes, absolutely; if you intend to raise the child catholic that is no problem.

Which term describes a family in which only one parent lives with the child or children?

single-parent family

Causes of Single-Parent Families?

Most single-parent families are a result of divorce, spousal death, or a child being born out of wedlock.

On sims life stories can a single parent adopt a child?

Yes :)

Can a single parent ask for more child support if the other parent is remarried?

Yes. Marital status of a non custodial parent has no bearing on the amount of child support he or she is required to pay.

Is a single parent with joint custody entitled to child support if the other parent is married and that income is much higher?

Generally, the parent with the greater amount of physical custody is entitled to child support.

Can you join the military if you are single with a child if the other parent is already enlisted?


Which of these is the best example of a single parent family?

a child / children and a mother or a father

What is a single parent family?

A family with only one parent - normally a single woman with one or more children. It could also be a father with a child or more children.

Can a parent keep the other parent from seeing their child even if they are not married?

Single fathers have no rights to see their child until approved by a court. see links below

What is the definition of a single parent family?

A single parent family is a type of family with only one parent present with either a blood related child/children or an adopted one.

How long does it take for the custodial parent to receive a payment from the garnishment of federal taxe refun for back child support arrerages?

It can take up to 6 months to receive tax money if filing jointly or if filing single it can take up to 10 weeks

Do children do well in single parent homes?

possibly but it really depends on the parent and how much attention he/she pays to the child They can do very well, I have been a single parent for thirteen years and both my daughters are at college and university.

How many children are needing to be adopted?

..every minute..2-3 child in the world was born..if a single parent can adopt even a single child..we can lessen the poverty rate and abandoned child...

What happens if the child protective services takes kids away from a parent Can they get them back What if the single parent is on drugs Will the kids be safe from the parent?

child services would not let the parent have their kid back because that kid could die because of their parents

What percentage of teen moms end up raising the child as a single parent?

About 80%

Will child support be based on my new husband's income?

A spouse who is not the biological or adopter parent of a child is not responsible for child support. However, if the non obligated spouse shares a bank account or other jointly owned property with the obligated parent he or she can be financially affected. If the situation is in regard to child support being amended because a parent has remarried and his or her financial situation has greatly increased, the court might take that into account regarding the amount the obligated parent is paying.

What do you call a child that only got a mother or father?

Although all children (unless they are cloned) have two parents, (a father and a mother); a child with only one parent that is currently raising them is called a single parent child.

Advantages and disadvantages of single parent family?

advantages: 1 kids are usually more independent 2 kids appreciate having luxuries because of less money than surrounding 2 parent families disadvantages: 1 harder for parent to manage child(ren) 2 if multiple children, one child sometimes has responsibilities of a parent to look after younger sibling 3 if child is of opposite sex of single-parent, the child doesn't have a same-sex role model as needed

What does a parent do if the other parent is abusing the adopted child and child abuse authorities do nothing?

The other parent can go directly to the police. However, one spouse cannot be compelled to testify against a spouse, so your police report would go against this common rule. But if you let the abuse go on, you could be jointly liable, AND you MUST protect the child-- so report it to the police.