Tax

"Kiddie Tax"

The tax paid by parents, at their tax rate, on the unearned income of a child which is in excess of a certain amount.

 

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Employing Your Children

Commonly Searched:

FICA Tax

Advance

Above-the-Line Deduction

Adjusted Basis

Capital Gain

Generation Skipping Transfer (GST) Tax

Gift Tax

“Kiddie Tax”

“Nanny Tax”

SEP (Simplified Employee Pension)

SIMPLE (Savings Incentive Match Plan for Employees)

Points

FUTA Tax

 

See Also:

Preparing for Retirement

Property Taxes

 

 

 

 

 

 

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