No. A child cannot be held responsible for the actions of their parents.
Exception to the rule: If the children are heirs of an estate (both parents are deceased) and taxes are outstanding, then the taxes must be paid out of the estate proceeds before the child(ren) could be awarded the residuals.
No. The money that your parents send you for educational and personal needs has already been subject to taxation.
The laws are different in different countries so you may wish to check with the tax authorities or an accountant or, easiest, whoever you are saving with. A minor child does have a small allowance but the parent is liable for taxes - and that would be at the parent's highest rate.
Yes. There is no exception to taxes on account of age. The child must file their own tax return (obviously if the child is too young, the parents can fill it out for them). The child's income cannot be combined on the parents' return (unless the child is subject to the kiddie tax and the child's ONLY source of income is interest and dividends).
evasion
Failure to pay taxes is called tax EVASION. See the link below.
They are not personally responsible for the debt or taxes. The estate has to pay off these claims. If the estate cannot, they distribute as best they can. If the court approves the distribution, the debts are ended.
Children at the age of 12 do not have to pay taxes. The parents of the child is the one who has to pay taxes.
No, absolutely not. It does not make you responsible for anything to the dependent at all.
absolutely
The income that the 14 year child earns is the child's income and would not be reported as income on the parents income tax return.
He's not. The employer is the one who pays the state unemployment taxes.
If he has no taxable expenses in the child then he cant claim on tax.
Probably not - in general, child support is a percentage of the obligor's net income. A new spouse, whether married to the obligee or obligor, should not increase or decrease the child support obligation. As one of the child's parents, you are liable for at least a minimal amount of support regardless of the obligee's resources.
No. The money that your parents send you for educational and personal needs has already been subject to taxation.
Yes. A subcontractor has the responsibility to pay any taxes due on the amount he is paid for a job.
Several thing can result in the garnishment of wages. It can be from failure to pay taxes, delinquent child support payments, and several other reasons.
My child has to pay for lunch can I claim that on my taxes?