Sentences with phrase «loss in a custodial account»
One of the frequent questions on our message board is how to handle a capital loss in a custodial account under the Uniform Transfers to Minors Act (UTMA).
http://fairmark.com/ Not exact matches
A capital loss from selling assets in a custodial account can not be reported on the parents» tax return.
Capital Losses of Minors What happens if there is a capital loss in your child's custodial account, and your child doesn't have enough income to take advantage of the loss?