UTMA UGMA Custodial Account Tax Guide 2026: Kiddie Tax, Gifting, and Financial Aid
A practical 2026 guide to UTMA and UGMA custodial account taxes. How the kiddie tax works, the annual gift tax exclusion, age of majority by state, the FAFSA financial aid hit versus a 529 plan, capital gains on appreciated assets, and how custodial accounts stack up against 529s and custodial Roth IRAs.