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Bob Blumingdale has a dependent son, age 18, who is a computer whiz. He is earning over $25,000 a year writing software programs for Hewlett Packard,...

Bob Blumingdale has a dependent son, age 18, who is a computer whiz. He is earning over $25,000 a year writing software programs for Hewlett Packard, even though he is a freshman in college. Bob has just learned about kiddie tax and wants to engage you for tax planning. How do you advise him?

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