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Which of the following statements is true regarding the kiddie tax? Multiple Choice The kiddie tax applies to the child's earned income in excess of

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Which of the following statements is true regarding the kiddie tax? Multiple Choice The kiddie tax applies to the child's earned income in excess of $2,200. The kiddie tax limits the benefit received when parents transfer investment assets to their children's names. Kiddie tax taxes the child's qualified dividends and net long-term capital gain at the ordinary tax rates instead of at the preferntial rates. a All of the above statements are true

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