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Reply to "What age to start Roth/ retirement plan for teen daughter?"
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[quote=Anonymous][quote=Anonymous]If the kid has earned income, but not enough to file a tax return, do they have to file a tax return anyway if they open a Roth? What is the threshold income to open a Roth? And does that income need to be made last year or in the current year?[/quote] No tax file No threshold but keep records Current year (you have until tax day 2026 to contribute for 2025)[/quote]
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