Tax question! Need help!

Hi, I would like to open and custodian account for my son (8 years old) and deposit some money for stock trading. If I do profit some money from trading, what kind of tax rate will be for the profits? my sons? any deduction ? like 700 per year? or will be my since I'm the co-applicant?


Thanks for in advance for any help!!!

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• 看看 IRS的PUB 550吧 -stp- ♂ (47 bytes) () 12/16/2004 postreply 10:49:25