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