HIRING YOUR CHILDREN THIS SUMMER? What the big print giveth, the fine print may taketh away.

You may know from Chapter 6 of "Home Business Tax
Savings, Made Easy!" that minors can earn up to $5,700
per year in "earned income" tax free.  

BUT be aware of the fine print — that tax-free amount
is capped at $950 (not $5,700!) if their "UNearned income"
is more than $300.

Hey, of course that doesn't make any sense.  Don’t
try to use logic to understanding it.  This is tax law, not
real life!