Kiddie Tax

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  • mltax
    Junior Member
    • Jan 2021
    • 1

    #1

    Kiddie Tax

    Will dependents who were unable to work last year due to the Pandemic but were eligible to collect unemployment (unearned income) be subject to the Kiddie Tax?
  • Rapid Robert
    Senior Member
    • Oct 2015
    • 1983

    #2
    If you are asking whether UI is considered unearned income for purposes of Form 8615, the answer is yes.
    "You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard
    "That's enough! When you didn't know what you were talking about, you really had something! [to Curly]" -Moe Howard

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