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.
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
A single parent is the absence of one parent in the child or children life it could be mother or father.
Im not sure. The husband might come looking for you (no offense or anything). I did. But I was the child not the single parent.
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.
Most single-parent families are a result of divorce, spousal death, or a child being born out of wedlock.
Yes, absolutely; if you intend to raise the child catholic that is no problem.
Most single parents do not pay child support. The absent parent pays the child support.
Yes. Marital status of a non custodial parent has no bearing on the amount of child support he or she is required to pay.
Both parents are jointly responsible for their child's support. Your share will be based on a percentage of your net income.