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词汇 kiddie tax
释义

Definition of kiddie tax in US English:

kiddie tax

noun
informal
  • Tax on a child's investment income, which is taxed at the parents' rate under certain conditions.

    Example sentencesExamples
    • Parents may have set it up so the bulk of this income would be received after the child turned 14, so they'd avoid kiddie taxes under the old rules.
    • The new laws apply the kiddie tax to persons under the age of 19 and also to persons under age 24 who are full-time students.
    • One difference is that the expanded kiddie tax will not apply to your 18-year old if he or she earns more than one-half their own support.
    • Unearned income within reach of the kiddie tax includes interest, dividends and capital gains.
    • The kiddie tax applies regardless of whether the child may be claimed as a dependent by either or both parents.

Definition of kiddie tax in US English:

kiddie tax

noun
informal
  • Tax on a child's investment income, which is taxed at the parents' rate under certain conditions.

    Example sentencesExamples
    • The kiddie tax applies regardless of whether the child may be claimed as a dependent by either or both parents.
    • One difference is that the expanded kiddie tax will not apply to your 18-year old if he or she earns more than one-half their own support.
    • Parents may have set it up so the bulk of this income would be received after the child turned 14, so they'd avoid kiddie taxes under the old rules.
    • Unearned income within reach of the kiddie tax includes interest, dividends and capital gains.
    • The new laws apply the kiddie tax to persons under the age of 19 and also to persons under age 24 who are full-time students.
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