Question: Indicate whether the following statements are True or False regarding the kiddie tax. True a. Unearned income includes income such as taxable interest, dividends, capital
Indicate whether the following statements are "True" or "False" regarding the kiddie tax. True a. Unearned income includes income such as taxable interest, dividends, capital gains, rents, royalties, pension and annuity income, b. The kiddle tax, applies to any child who is under age 19 (or under age 24 if a full-time student) and has unearned Income of more than $1,100. C. The kiddie tax does not apply if both parents are deceased. False
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