Nonpartisan civic infrastructure
AllCiv·Legis1
·

S. 2078

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to treat Alaska Permanent Fund dividends as earned income for purposes of the kiddie tax.
About This Bill
Committee
Latest Action · July 10, 2019
Read twice and referred to the Committee on Finance.
Congress
116th (2019–2021)
Introduced
July 10, 2019
Cosponsors (0)
None
View PDF ↗

Summary

Highlight any text to annotate
This bill treats dividends paid to children from the Alaska Permanent Fund as earned income, not subject to the "kiddie tax" which taxes income of children as unearned income subject to the parent's marginal tax rate.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.