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Tax-free child support payments - taxing children #3

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Uploaded by on Sep 5, 2008

QUESTION: Brett, over the last few weeks you have spoken about tax-free income under your 3G Testamentary Trust Wills and disabled children. What about us fathers that are paying maintenance with post tax dollars? We earn money and pay tax on that money. We then give what is left to our ex-wives to look after our children. The ex-wives and children earn no income and don't get to use up their own $6,000 yearly tax-free amount.

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