Definition of kiddie tax in English:

Share this entry

kiddie tax


Tax on a child’s investment income, which is taxed at the parents' rate under certain conditions.
Example sentences
  • Unearned income within reach of the kiddie tax includes interest, dividends and capital gains.
  • The kiddie tax applies regardless of whether the child may be claimed as a dependent by either or both parents.
  • The new laws apply the kiddie tax to persons under the age of 19 and also to persons under age 24 who are full-time students.

For editors and proofreaders

Syllabification: kid·die tax

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.