Sentences with phrase «special kiddie tax»

This is merely the threshold amount of investment income for the special kiddie tax.

Not exact matches

Since its inception in 1986, the «kiddie tax» — a special tax law created as part of the Tax Reform Act of 1986 — has undergone changes in its attempt to collect tax income that would otherwise be out of the reach of the Internal Revenue Service (IRtax» — a special tax law created as part of the Tax Reform Act of 1986 — has undergone changes in its attempt to collect tax income that would otherwise be out of the reach of the Internal Revenue Service (IRtax law created as part of the Tax Reform Act of 1986 — has undergone changes in its attempt to collect tax income that would otherwise be out of the reach of the Internal Revenue Service (IRTax Reform Act of 1986 — has undergone changes in its attempt to collect tax income that would otherwise be out of the reach of the Internal Revenue Service (IRtax income that would otherwise be out of the reach of the Internal Revenue Service (IRS).

They do allow assets to be set aside for the benefit of a child without the need to create a special trust fund, and assets can be taxed based on the minor's income tax bracket (subject to «Kiddie Tax» ruletax bracket (subject to «Kiddie Tax» ruleTax» rules).