Video Tips: Taxes & Summer Jobs for Your Children

With summer just around the corner, it's the perfect time to explore employment opportunities for your teenage children. In 2024, the standard deduction for a single individual has increased to $14,600, allowing your child to earn up to this amount from their summer job without paying any federal income tax on their earnings.

Let's dive into how this can benefit your family financially and provide valuable work experience for your child.

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