My son's total income (after the unemployment exemption) is just over $5000. This is Unemployment "unearned" income as well as some from a 1099-NEC. Without completing form 8615 he owes a reasonable amount (less than $1000) in taxes for both Fed & State. When completing form 8615, after adding my Capital Gains, the total tax owed jumps to almost $7000, which is more than his taxable income. Is this reality? Or is this a glitch of some kind?
