Personal Finance (Not Investing) • Can I delete form 8615 (Kiddie Tax) in Turbo Tax desktop?

I thought the different wording meant he could be both a dependent and not pay the Kiddie tax. For the dependency test, it asks if he "provided" more than half his support. For the Kiddie tax, it asks if he "earned" more than half.

I believe you are correct. The underlying Kiddie tax law is found in 1(g)(2)(A)(i) of the Internal Revenue code:

[Kiddie tax applies to a student] whose earned income ... for such taxable year does not exceed one-half of the amount of the individual's support ... for such taxable year.

There is no requirement that the earned income be spent on support; it just needs to exceed half of the support amount.

Statistics: Posted by Klewles — Thu Feb 13, 2025 12:09 am — Replies 6 — Views 685

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