2017 Kiddie Tax - Integer

2017 . Kiddie Tax 5908 Bardstown Rd Louisville, KY 40291. Phone: (502) 231-2771. Fax: (502) 231-2724. Kiddie Tax Unearned income. Unearned income includes taxable interest, ordinary dividends, capital gains (including Kiddie Tax is the term used for the tax on certain un- capital gain distributions), rents, royalties, taxable So- earned income of children taxed at the parent's rate in- cial Security benefits, pension and annuity income, tax- stead of the child's rate. Children typically are in a lower able scholarship and fellowship grants not reported on tax bracket than their parents and the Kiddie Tax was de- Form W-2, unemployment compensation, alimony, and veloped to prevent parents from lowering their tax liabil- income (other than earned income) received as the ben- ity by shifting investment income assets to their children.

Kiddie Tax Kiddie Tax is the term used for the tax on certain un-earned income of children taxed at the parent s rate in-stead of the child s rate.

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