The National Directory of Certified Public Accountants

Ask A CPA - Kiddie Tax

Is My 18 Year Old Child With $2,200 In Investment Income Subject To The Kiddie Tax ?

Yes. The "Kiddie Tax" is applicable to children under 19 years . The "Kiddie Tax" is a tax on children with gross investment income of $2,000 or more. The calculation of the child's tax yields a higher tax calculation using the parents' higher tax rate when applicable.

If you need professional help with "Kiddie Tax" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.