Friday, June 19, 2026

The Kiddie Tax -- June 19, 2026

Locator: 51008TAXES.

This must be a slow day for TWSJ.

From The Wall Street Journal: link here.  

After looking at this tax again:

  • this affects the top 1%; this does not affect me; it probably does not affect you;
  • this "kiddie tax" should be renamed the "nuisance tax" 
    • even if it affects you, it's minimal; and, 
    • if it affects you significantly, you need a better tax accountant / financial advisor.