Question

assuming the kiddie tax applies, what amount of a child's income is subject to the kiddie tax? a) all of the child's income b) all of the unearned income c) the net unearned income d) taxable income less the standard deduction

Answer 1

(B)

Step-by-step explanation:

The first $1,110 of a child's unearned income is tax-free, and the next $1,110 is subject to the child's tax rate. Any additional earnings above $2,200 are taxed at the child's parents' marginal tax rate.