Kiddie tax and capital gain

[ccthealias]

My child has unearned income and I m trying to understand how taxes is calculated for capital gains if the total income exceed 2500 as capital gains are taxes differently than dividends 

for example 

800 dividend

2000 long term capital gain.

How would the tax be calculated in this scenario?

[Critter-3]

The tax is calculated on the form 8615 and will be in part based on the parent's income ... complete the parent's return first so you have the information needed for the child's return.   

https://www.irs.gov/pub/irs-pdf/f8615.pdf

[ccthealias]

Sorry my question is if the kid’s income comprise of nonqualifed dividends and capital gains and the parents marginal tax rate is 24% but capital gains is at 15%. What would be the rate applied for amount pass the 2500 threshold 

[Critter-3]

Again it will be calculated based on the parent's income rate for the Cap Gains maxed at 15% or 20%.  Review the form prior to file  or complete the TT interview and see what TT did on the 8615. 

[Hal_Al]

Q.  If the kid’s income comprise of non-qualifed dividends and capital gains and the parents marginal tax rate is 24% but capital gains is at 15%. What would be the rate applied for amount pass the 2500 threshold.

A. Simple answer:15%.  But, it would depend on how close the parent's income is to the next bracket. Some could be at 20% (unlikely).  

It is what it is and will be calculated on form 8615. Any difference will be miniscule. It was having to deal with this complicated calculation that first got me to buy TurboTax, 25 years ago!