Assuming the kiddie tax applies,what amount of a child's income is subject to the kiddie tax?

Question

Quizplus · Accepted Answer

The kiddie tax only applies to the child's unearned income, such as investment income. The amount subject to the kiddie tax is the net unearned income, which is the child's total unearned income minus any deductions or expenses related to producing that income. Therefore, the correct answer is C - the net unearned income.

Assuming the Kiddie Tax Applies,what Amount of a Child's Income