PTIN Seal

Kiddie Tax

  1. PTINdirectory
  2. Tax Knowledge Database
  3. Kiddie Tax
  4. Is my 18 year old child with $2,200 in investment income subject to the Kiddie Tax ?

Is my 18 year old child with $2,200 in investment income subject to the Kiddie Tax ?

Yes. The "Kiddie Tax" is applicable to children under 19 years . The "Kiddie Tax" is a tax on children with gross investment income of $2,000 or more. The calculation of the child's tax yields a higher tax calculation using the parents' higher tax rate when applicable.

Need Professional Help?

If you need help with "Kiddie Tax" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.