Kiddie Tax rules for 2024The first $1,250 of a child's unearned income is tax-free, and the next $1,250 is subject to the child's tax rate. Any additional earnings above $2,500 are taxed at the greater of the child's or the parents' tax rate.Oct 2, 2023
interest/divident/capital gain of stocks gifted from parents could be subject to kiddie tax.
I did not know until turbotax forced me to fill out a form