Page 17 - 2020 Taxes Quick Guide
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Kiddie Tax & Personal Exemption
Kiddie Tax Personal Exemption
For child subject to kiddie tax, ne unearned Personal exemptions are suspended from
income of child taxed at parents marginal tax 2018 through 2025. A deemed personal
rate. Net unearned income for 2020 is the child's exemption amount of $4,300 is used for
unearned income less the sum of (1) $1,100 plus purposes of determining who is a "qualifying
(2) the greater of $1,100 or the child's itemized relative" under Sec. 152(d)(1)(B).
deductions directly connected to the production
of the unearned income if the child itemizes.
