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And if that net income for self-employment goes over $400, they'll need to file taxes to pay self-employment tax," said Robinson. Kids can claim tax refunds even under $14,600 income ...

Two kids, a near-paid-off home, and $460k income – why does financial freedom still feel so far away? VVVproduct / Shutterstock.com. Joey Frenette. Published: April 27, 2025 6:48 am.

That’s compared to net income of $33.1 million, or $0.86 per diluted share, for the fourth quarter of 2024 and net income of $31.2 million, or $0.81 per diluted share, for the first quarter of 2024.

After Congress ended extra cash aid for families, local efforts aimed to fill the gap. In Flint, Michigan, Rx Kids gives cash aid to every family for a baby's first year. Will it work elsewhere?

Kids who work have federal and state income withheld. ... And if that net income for self-employment goes over $400, they'll need to file taxes to pay self-employment tax," said Robinson.