Aiden and Bailey have a child, Lauren, who is a full-time student at the end of the tax year. Aiden and Bailey's taxable income is $84,000. Lauren's taxable income is $6,450. What tax rate will Lauren's net unearned income subject to the Kiddie Tax be taxed at?

Answer rating: 100% (QA)

ANSWER IS The Kiddie Tax applies to a childs unearned income over a certain threshold For 2023 ... View the full answer