Which of the following types of income is not subject to the "kiddie tax"?
A)Interest income
B)Dividend income
C)Salary income
D)Capital gains on stock sales
E)All of the above are subject to the "kiddie tax"

Question

Quizplus · Accepted Answer

Salary income is earned income, meaning it is generated from personal effort and not from investments. The "kiddie tax" only applies to unearned income, such as interest, dividends, and capital gains. Therefore, salary income is not subject to the "kiddie tax."

Which of the Following Types of Income Is Not Subject