There was probably a $200 growth in the 5 years I had fbo her. She is in High School. I know the "profit" can be justified as an expense for internet connection even. My question is, do I report it on my 2010 taxes this year? Or do I fill out something for her since she is beneficiary (and only 15 with no other income). Didn't seem to come up in my Turbo Tax Deluxe.
I closed my daughter's coverdell esa early due to financial hardship. now what do i do?
- Thread starter Kathy A
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