I have a self directed UGMA (18 and under) brokerage account from Bank of America. I have been making a substantial amount of money through trading, and I want to donate a lot of it. This is also so that I can have some good extra curricular for college.
Is there some way that I can create a business and funnel my profits through it? Is it possible for a minor to do this, with parents help, of course?
Is there some way that I can create a business and funnel my profits through it? Is it possible for a minor to do this, with parents help, of course?