Instructions for IRS Form 8615 (Kiddie Tax) state:
"Was a full-time student at least age 19 and under age 24 at
the end of 2020 and didn’t have earned income that was more than
half of the child's support."
Question: Would a 22 year old full-time college student (5+ months) in 2020 who graduated from college in early December 2020 be required to pay Kiddie Tax? Technically no longer a full-time student on 12/31/2020.
Also assume had $5,000 unearned income in 2020 and earned income was not more than half of their support.
Thank you.
