Monday, December 3, 2018

Tax Cuts & Jobs Act (TCJA) Changes to Kiddie Tax

“Kiddie Tax” has been around since the Tax Reform Act of 1986.  It's a tax imposed on certain children with unearned income. The TCJA enacted in late 2017 made some major changes to this code section – simplifying some aspects while adding complexity to others.  Read more here: Understanding the New Kiddie Tax

Matt Sellers, CPA