|
Child under 19 (2024)3 |
Child under 19 (2025)3 |
|---|---|
| First $1,300 of unearned income is exempt from federal income tax. | First $1,350 of unearned income is exempt from federal income tax. |
| Next $1,300 of unearned income is taxed at child’s tax rate. | Next $1,350 of unearned income is taxed at child’s tax rate. |
| Any unearned income over $2,600 is taxed at parents' tax rate. | Any unearned income over $2,700 is taxed at parents' tax rate. |
Disclosure Title
About Table 2
Disclosure
3Full-time college students under the age of 24 may also be taxed at their parents' rate on unearned income greater than $2,600 in 2024 and $2,700 in 2025 unless the students' earned income was greater than one-half of their support. Earned income from a job or self-employment is not subject to the kiddie tax.