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All glossary terms

Glossary term

Kiddie Tax

Tax on a child's unearned income above a threshold at the parent's marginal rate.

Related terms

2

Jurisdictions

us

Definition

Under Section 1(g), unearned income of certain dependent children above an annual threshold (around $2,600 for 2024) is taxed at the parents' marginal rate. The rule applies to children under 18 and certain full-time students under 24.

Examples

  • A 12-year-old with $5,000 of dividend income has the excess above the threshold taxed at the parents' rate.

Translations

ESimpuesto sobre los niños
ZH儿童税
DEKindersteuer
FRimpôt sur les enfants
JA未成年者税

Citations

26 U.S.C. · 1(g)

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