http://taxes.about.com/od/Federal-Income...x-Year.htm
Scroll down, compare the various percentage brackets for each income level at each filing status.
Kids also generate a dependent exemption which reduces the taxable income.
The answer to the question is "Yes," Ras.
Scroll down, compare the various percentage brackets for each income level at each filing status.
Kids also generate a dependent exemption which reduces the taxable income.
The answer to the question is "Yes," Ras.