JOHNNYCPA
Level 3
02-26-2021
06:01 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The whole purpose of kiddie tax was to tax at parents' rate for investments that were earning interest (unearned income) in kids bank accounts ( mostly parents deposits). Now with Covid 19, these college kids are getting unemployment. It seems unfair to pay kiddie tax unemployment income recieved.
John