- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Kiddie tax applies whether or not you are a dependent of your parents.
Form 8615, Tax for Certain Children Who Have Unearned Income, is required when a child meets all of the following conditions:
- The child had more than $2,200 of unearned income (which includes unemployment compensation).
- The child is required to file a tax return.
- The child either:
- Was under age 18 at the end of 2020,
- Was age 18 at the end of 2020 and didn’t have earned income that was more than half of the child's support, or
- 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.
- At least one of the child's parents was alive at the end of 2020.
- The child doesn’t file a joint return for 2020.
This form will not added to your return unless you are being assessed kiddie tax based on the guidelines above.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 16, 2021
4:48 PM