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  1. E

    Is money pay to teenage children for IP maintenance deductible?

    So if your minor kid has a job at maccas they will be taxed as an adult. If your minor kids income is from a trust they will probably only get a threshold of $416.
  2. E

    Is money pay to teenage children for IP maintenance deductible?

    It's not likely to be unearned income for the kids and therefore the $416 limit wouldn't apply? Maybe?
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