Which of the following is required for a taxpayer to be subject to the tax on unearned
Question:
Which of the following is required for a taxpayer to be subject to the tax on unearned income of minors (kiddie tax) in 2020?
a. Must have no earned income
b. 21 years of age or younger
c. Both parents must be living
d. Net unearned income must exceed $2,200
e. All of the above are required
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Related Book For
Income Tax Fundamentals 2021
ISBN: 9780357141366
39th Edition
Authors: Gerald E. Whittenburg, Martha Altus-Buller, Steven Gill
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