American citizen minors living abroad, like Gaisler's sons, are subject to the same tax obligations as children born and raised in the U.S. "If they meet the income threshold, they've got to file a tax return," said Scott Michel, a tax lawyer with Caplin & Drysdale.
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"It's crazy -- you have to hire a [certified public accountant] to deal with your kid's $5,000 or $10,000 of income," Michel said. "The compliance costs associated with all of this are somewhat disproportionate to the amounts at issue in many circumstances."................oh really !!
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