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Education
you have no penalty - because you overpaid what you are due. HOWEVER, your child would be in 'hot water' because the child has an obligation to file that has not been satisfied.
Does the child have total income of over $12,550 and unearned income over $2200? That is what drives the kiddie tax. Note that the scholarship income is NOT unearned income for this purpose.
‎April 16, 2022
1:28 PM