rjs
Level 15
Level 15

After you file

Your parents' income is not considered in determining eligibility for the unemployment exclusion. Based on the figures you provided, you are eligible for the exclusion. So you should eventually get a refund. If the unemployment was your only unearned income, you will not have any unearned income after your tax return is recalculated, because all of your unemployment will be excluded. Therefore you will not have any kiddie tax.

 

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