The kiddie tax can only be imposed on

Name: The kiddie tax can only be imposed on
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Question

Quizplus · Accepted Answer

The kiddie tax can only be imposed on unearned income of a child in excess of $2,100. Earned income of a child under 19 is taxed at the child's own tax rate, property given to a child by a parent is not the only source of income subject to the kiddie tax, and the amount of the dependency exemption is not a factor in determining whether the kiddie tax applies.

The Kiddie Tax Can Only Be Imposed on