Did you get hit with a harsh “kiddie tax” in 2018? Congress has changed the rules, allowing you to refile your 2018 return and claim a refund
Congress made a big change to the so-called Kiddie Tax when it overhauled the tax code in 2017. But when lawmakers learned its terrible consequences, they switched back.
This zigzag is giving some taxpayers important choices on 2018 and 2019 tax returns. Others, such as generous parents or grandparents, need to relearn how Kiddie Tax rules will apply for 2020 and beyond.
Norge Siste Nytt, Norge Overskrifter
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