Radio interview: Teens and Taxes

I had a great interview with David Holland a fellow-CPA and host of Real Money Radio

Listen here

We talked about:

• Micro Business for Teens
• Does your teen need to file a tax return? (probably)
• Should a teenagers income be added to a parent’s tax return? (no!)
• Exceptions to paying self-employment tax
• Taxes for babysitters
• Roth IRAs for teenagers

The entire interview lasts about 30 minutes, so listen in and learn a lot!

Carol Topp, CPA