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How much are students allowed to earn per year before not being exempt?


ANSWER


The BIDaWIZ Team's Answer:

For unearned income of minors [under age 19 & 19-23 in certain circumstances],

the first $950 is tax exempt; the next $950 is taxed at 10%; any additional income

is taxed at the parent's rate.

The BIDaWIZ Team

 

 

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