Generally, the tax rate that applies to the unearned income of a minor under the kiddie tax
Question:
Generally, the tax rate that applies to the unearned income of a minor under the kiddie tax in 2020 is:
a. The same as the parents’ tax rate
b. The same as the single taxpayer rate
c. The same as the head of household rate
d. The same as the trust and estate rate
e. The unearned income of a minor is not taxed
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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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