A bill to amend the Internal Revenue Code of 1986 to treat certain tribal benefits and Alaska Permanent Fund dividends as earned income for purposes of the kiddie tax.
USA117th CongressS-2522| Senate
| Updated: 7/28/2021
Lisa Murkowski
Republican Senator
Alaska
Cosponsors (1)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill treats certain disability payments and other payments made by Indian tribes or Native Corporations to children as the earned income of such children. This exempts such income from the kiddie tax which taxes the unearned income of children at the parent's marginal tax rate.
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Timeline
Bill from Previous Congress
S 116-2078A bill to amend the Internal Revenue Code of 1986 to treat Alaska Permanent Fund dividends as earned income for purposes of the kiddie tax.
Bill from Previous Congress
S 116-2079A bill to amend the Internal Revenue Code of 1986 to treat certain tribal benefits as earned income for purposes of the kiddie tax.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Disability and paralysisFederal-Indian relationsIncome tax ratesTax treatment of families
A bill to amend the Internal Revenue Code of 1986 to treat certain tribal benefits and Alaska Permanent Fund dividends as earned income for purposes of the kiddie tax.
USA117th CongressS-2522| Senate
| Updated: 7/28/2021
This bill treats certain disability payments and other payments made by Indian tribes or Native Corporations to children as the earned income of such children. This exempts such income from the kiddie tax which taxes the unearned income of children at the parent's marginal tax rate.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Bill from Previous Congress
S 116-2078A bill to amend the Internal Revenue Code of 1986 to treat Alaska Permanent Fund dividends as earned income for purposes of the kiddie tax.
Bill from Previous Congress
S 116-2079A bill to amend the Internal Revenue Code of 1986 to treat certain tribal benefits as earned income for purposes of the kiddie tax.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Lisa Murkowski
Republican Senator
Alaska
Cosponsors (1)
Finance Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Disability and paralysisFederal-Indian relationsIncome tax ratesTax treatment of families