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elpaso
New Member

My 20 year old part time college student daughter has $11K in income all of it unearned. Turbo tax is applying a $12K standard deduction. Doesn't kitty tax apply?

 
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AnnetteB
Intuit Alumni

My 20 year old part time college student daughter has $11K in income all of it unearned. Turbo tax is applying a $12K standard deduction. Doesn't kitty tax apply?

Take a look at the TurboTax article below for an explanation of the Kiddie Tax.

If your daughter was not a full-time student, then the Kiddie Tax does not apply for her age. 

https://ttlc.intuit.com/replies/3301446


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AnnetteB
Intuit Alumni

My 20 year old part time college student daughter has $11K in income all of it unearned. Turbo tax is applying a $12K standard deduction. Doesn't kitty tax apply?

Take a look at the TurboTax article below for an explanation of the Kiddie Tax.

If your daughter was not a full-time student, then the Kiddie Tax does not apply for her age. 

https://ttlc.intuit.com/replies/3301446


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