Kiddie Tax Calculator
Kiddie Tax Calculator. A parent enters a child’s unearned income, child standard deduction, and parent tax rate to estimate the portion exposed to a kiddie-tax assumption. Use it when a dependent child has interest, dividends, or capital gains.
Result
How to interpret this result
Applicability and limits
Calculation basis
Formula
Calculation logicFormula definitions and substituted values.
Taxable Unearned Income
max(Child unearned income ($) - Child standard deduction amount ($), 0)
max(Child unearned income ($) - Child standard deduction amount ($), 0)Kiddie Tax
Taxable Unearned Income * Parent marginal tax rate (%) / 100
Taxable Unearned Income * Parent marginal tax rate (%) / 100How to interpret this result
Kiddie Tax Calculator starts with a professional planning example for this scenario. Edit the inputs to replace the example with your own facts; the displayed outputs update from the formula.
Kiddie Tax Calculator starts with a professional planning example for this scenario. Edit the inputs to replace the example with your own facts; the displayed outputs update from the formula.Applicability and limits
This is a simplified unearned-income estimate. It does not determine kiddie-tax eligibility, parent-return allocation, filing status, standard-deduction limits, or Form 8615 calculations.
This is a simplified unearned-income estimate. It does not determine kiddie-tax eligibility, parent-return allocation, filing status, standard-deduction limits, or Form 8615 calculations.Calculation basis
Only the named inputs and displayed formula relationships are used. Rates, limits, thresholds, eligibility flags, dates, and jurisdiction assumptions are not silently looked up unless a verified dataset is listed.
Only the named inputs and displayed formula relationships are used. Rates, limits, thresholds, eligibility flags, dates, and jurisdiction assumptions are not silently looked up unless a verified dataset is listed.What to check
- A parent enters a child’s unearned income, child standard deduction, and parent tax rate to estimate the portion exposed to a kiddie-tax assumption.
- Use it when a dependent child has interest, dividends, or capital gains.
- This is a simplified unearned-income estimate. It does not determine kiddie-tax eligibility, parent-return allocation, filing status, standard-deduction limits, or Form 8615 calculations.
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