Which of the following is not required to subject a taxpayer to the tax on unearned income

Question:

Which of the following is not required to subject a taxpayer to the tax on unearned income of minors (kiddie tax) in 2018? 

a. Must be claimed as a dependent. 

b. 18 years of age or younger (full time student up to age 23). 

c. Both parents must be living. 

d. Net unearned income must exceed $2,100

e. All of the above are required.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

Question Posted: