Child taxed at parent’s rate limit increased

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  • #190251
    scubacamper
    Participant

    NINJA Question –

    While reviewing for my REG exam, I noticed the limit has been increased from $1,900 to $2,000 but my NINJA audio is telling me it’s $1,900

    Jeff, I’m sure you’re aware of it, just wanted to throw it out there for anyone else studying the same.

    Cheers!

    B TBD
    A TBD
    R 57
    F 62, 70, 65

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  • #619513

    I noticed the same thing when doing Ninja MCQ…$2000 is taxed at the child rate of 10%, the rest at the parent rate

    A 88, B 76, F 84, R 76 Passed 2014

    Licensed in OK

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