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Retirement tax questions
Even though he is required to file a tax return (the $1100 unearned income rule), he will not owe any tax as his income is all capital gains and qualified dividends under $2200 (taxed at 0%).
Because his income is less than $2200, form 8615 ("kiddie tax") will not be generated.
‎February 21, 2022
6:07 AM