{"id":2256,"date":"2019-04-02T13:11:23","date_gmt":"2019-04-02T13:11:23","guid":{"rendered":"https:\/\/www.irstaxapp.com\/?page_id=2256"},"modified":"2019-04-03T06:11:16","modified_gmt":"2019-04-03T06:11:16","slug":"kiddie-tax-brackets","status":"publish","type":"page","link":"https:\/\/www.irstaxapp.com\/kiddie-tax-brackets\/","title":{"rendered":"Kiddie Tax Brackets"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6629143830c11\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6629143830c11\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.irstaxapp.com\/kiddie-tax-brackets\/#Kiddie_Tax_Brackets_2019\" title=\"Kiddie Tax Brackets 2019\">Kiddie Tax Brackets 2019<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.irstaxapp.com\/kiddie-tax-brackets\/#Standard_Deduction_Exemption_for_Kiddie_Tax_purpose\" title=\"Standard Deduction &amp; Exemption for Kiddie Tax purpose\">Standard Deduction &amp; Exemption for Kiddie Tax purpose<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.irstaxapp.com\/kiddie-tax-brackets\/#2018_Kiddie_Tax_Bracket\" title=\"2018 Kiddie Tax Bracket \">2018 Kiddie Tax Bracket <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.irstaxapp.com\/kiddie-tax-brackets\/#Alternative_Minimum_Tax_Exemption_for_Child\" title=\"Alternative Minimum Tax Exemption for Child \">Alternative Minimum Tax Exemption for Child <\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kiddie_Tax_Brackets_2019\"><\/span>Kiddie Tax Brackets 2019<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-color has-background has-very-dark-gray-color has-pale-cyan-blue-background-color\"><strong>For Unearned Income other than Long Term Capital Gains &amp; Dividend<\/strong><\/p>\n\n\n\n<table class=\"wp-block-table is-style-stripes\"><tbody><tr><td><strong>Net Unearned Income<\/strong><\/td><td><strong>Tax Rates<\/strong><\/td><\/tr><tr><td>Upto $2,600<\/td><td>10.00%<\/td><\/tr><tr><td>From $2601 to $9,300<\/td><td>24.00%<\/td><\/tr><tr><td>From $9,301 to $12,750<\/td><td>35.00%<\/td><\/tr><tr><td>12750<\/td><td>37.00%<\/td><\/tr><\/tbody><\/table>\n\n\n\n<p class=\"has-background has-pale-cyan-blue-background-color\"><strong>2019 Kiddie Tax Rates for Long Term Capital Gains &amp; Dividend<\/strong><\/p>\n\n\n\n<table class=\"wp-block-table is-style-stripes\"><tbody><tr><td><strong>LTCG or Dividend<\/strong><\/td><td><strong>Tax Rate<\/strong>s<\/td><\/tr><tr><td>0 to $2,650<\/td><td>0%<\/td><\/tr><tr><td>From $2,650 to $12,950<\/td><td>15.00%<\/td><\/tr><tr><td>$12951 onwards<\/td><td>20.00%<\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Standard_Deduction_Exemption_for_Kiddie_Tax_purpose\"><\/span>Standard Deduction &amp; Exemption for Kiddie Tax purpose<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<table class=\"wp-block-table is-style-stripes\"><tbody><tr><td><strong>Tax   Year(s)<\/strong><\/td><td><strong>Standard Deduction<\/strong><\/td><td><strong>Tax Exemption<\/strong><\/td><\/tr><tr><td>2019<\/td><td>$1,100\n  <\/td><td>$2,200\n  <\/td><\/tr><tr><td>2015 &#8211; 2018<\/td><td>$1,050 <\/td><td>$2,100 <\/td><\/tr><\/tbody><\/table>\n\n\n\n<p style=\"background-color:#fae5ab\" class=\"has-text-color has-background has-vivid-red-color\"> The allowable standard deduction for 2019 is <strong>the greater of:<\/strong>         <strong>(1)<\/strong> $1,100 <strong>or  (2) <\/strong>earned income + $350, not to exceed $12,000.  <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2018_Kiddie_Tax_Bracket\"><\/span>2018 Kiddie Tax Bracket <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<table class=\"wp-block-table is-style-stripes\"><tbody><tr><td><strong>Net Unearned Income<\/strong><\/td><td><strong>Tax Rates<\/strong><\/td><\/tr><tr><td>Upto $2,550<\/td><td>10.00%<\/td><\/tr><tr><td>From $2551 to $9,150<\/td><td>24.00%<\/td><\/tr><tr><td>From $9,151 to $12,500<\/td><td>35.00%<\/td><\/tr><tr><td>12501<\/td><td>37.00%<\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Alternative_Minimum_Tax_Exemption_for_Child\"><\/span>Alternative Minimum Tax Exemption for Child <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p style=\"background-color:#d1f4e6\" class=\"has-background\">The AMT exemption for 2019 for a child subject to the kiddie tax is <strong>lower of following two amounts<\/strong><\/p>\n\n\n\n<ul><li>(1) $7,750 (up from $7,600 for 2018) plus the child\u2019s earned income, <\/li><li> (2) $71,700 (up from $70,300 for 2018).<\/li><\/ul>\n\n\n<p><!--EndFragment--><br>\n<br>\n<\/p>","protected":false},"excerpt":{"rendered":"<p>Kiddie Tax Brackets 2019 For Unearned Income other than Long Term Capital Gains &amp; Dividend Net Unearned Income Tax Rates Upto $2,600 10.00% From $2601 to $9,300 24.00% From $9,301 to $12,750 35.00% 12750 37.00% 2019 Kiddie Tax Rates for Long Term Capital Gains &amp; Dividend LTCG or Dividend Tax Rates 0 to $2,650 0% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/pages\/2256"}],"collection":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/comments?post=2256"}],"version-history":[{"count":0,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/pages\/2256\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media?parent=2256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}