Kiddie tax

Refers to the tax treatment that applies to children under the age of 14 who have investment income. Unearned income (dividends, interest, capital gains, etc.) of $700 or less is not subject to any tax. Unearned income of $700 to $1,400 would be taxed at the child’s rate, usually 15%. If a child’s unearned income is greater than $1,400 than this income would be taxed at the parents’ top tax rate.

The expanded "kiddie tax" and the financial aid trap.: An article from: The Tax Adviser

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The dreaded kiddie tax: help your clients take some of the angst out of adolescence by managing their children's unearned income.: An article from: Journal of Accountancy

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Minimizing AGI-based deduction limits by shifting family income: big savings possible despite the kiddie tax.: An article from: The Tax Adviser

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Kiddie tax changes result in financial aid traps: new law affects planning strategies.(from The Tax Adviser): An article from: Journal of Accountancy

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Taxes

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