What is the maximum amount a kid can earn yearly?
No limit but for staying under them paying tax it’s the standard deduction (15k). And you can only contribute $7500 (2026) to their Roth.
A reasonable amount depends on their age but somewhere between 7500-15000 is a good amount and maximizes benefits.
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No limit but for staying under them paying tax it’s the standard deduction (15k). And you can only contribute $7500 (2026) to their Roth.
A reasonable amount depends on their age but somewhere between 7500-15000 is a good amount and maximizes benefits.