Winners and losers from new tax rules on kids' income [MSN Money]
Northern Trust Corporation (NTRS)
Last northern trust corporation earnings: 4/21 07:29 am
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Source: MSN Money
Parents and grandparents, beware: The latest version of America’s “Kiddie Tax” will raise the cost of giving sharply in some cases. Load Error The Kiddie Tax is a special levy on a child’s “unearned” income above $2,100. It typically falls on investment income such as dividends, interest and capital gains, and it doesn’t apply to a youngster’s earned income from mowing lawns or designing websites. Congress passed the Kiddie Tax in 1986 to prevent wealthy or affluent taxpayers from taking advantage of their children’s lower tax rates by shifting income-producing assets to them. Originally the provision was for children under age 14, but lawmakers expanded it over time. Today, the Kiddie Tax applies to nearly all children under 18 and many who are under 24, if they are full-time students and aren’t self-supporting. Get news and analysis on politics, policy, national security and more, delivered right to your inbox For 2015, about 343,000 children paid a total of
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NTRS
News
- Northern Trust Co. (NASDAQ: NTRS) had its price target raised by analysts at Jefferies Financial Group Inc. from $101.00 to $103.00. They now have a "buy" rating on the stock.MarketBeat
- Northern Trust First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Northern Trust Co. (NASDAQ: NTRS) had its price target raised by analysts at Bank of America Co. from $93.00 to $101.00. They now have a "buy" rating on the stock.MarketBeat
- Northern Trust Corporation (NASDAQ:NTRS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Northern Trust Corp (NTRS) Q1 2024 Earnings Call Transcript Highlights: Strategic Progress Amid ... [Yahoo! Finance]Yahoo! Finance
NTRS
Earnings
- 4/16/24 - Miss
NTRS
Sec Filings
- 4/19/24 - Form 8-K
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- NTRS's page on the SEC website