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kiddie tax/1040ES

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    #1

    kiddie tax/1040ES

    Parents pay estimated tax. Because of AGI, they are subject to safe harbor of 110% of prior year tax. Their child under 18 with investment income is required to file a return, including an 8615 for the "kiddie tax." Does child's safe harbor for estimated tax payments follow the parents' at 110%, or can child just do 100%? Child's AGI wouldn't require 110%. Thanks!
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    #2
    AGI is AGI

    I believe the estimates are based on your own AGI, and the safe harbor for the child should be at 100% not 110%.

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      #3
      Agree

      100% of AGI

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