Ever wondered if the Tooth Fairy has a tax bill?

Well, if her payouts to kids were taxed, she’d owe quite a sum! According to estimates, the Tooth Fairy leaves about $4 per tooth, and with around 20 million teeth lost each year in the U.S. alone, that’s $80 million in “income.” At a 24% tax rate, she’d owe nearly $20 million to the IRS annually!

Imagine that – even mythical creatures can’t escape taxes! Subscribe for more daily quirky insights!

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