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Education
@mohad62 - Google says you are correct: the kiddie tax based on trust rates was repealed. In addition, the legislation allows taxpayers to elect to have the change apply retroactively to the 2018. Taxpayers will have to file amended federal income tax returns to claim a refund of the excess tax for 2018.
References: https://www.savingforcollege.com/article/congress-passes-kiddie-tax-fix
https://www.barrons.com/articles/the-secure-act-isnt-only-about-retirement-51578946297
‎January 21, 2020
5:03 AM