To amend the Internal Revenue Code of 1986 to restore age 14 as the age at which unearned income of minor children ceases to be taxed as if parent's income.

3.0.0 3262 2023-01-11T20:47:25Z 2023-01-11T20:47:25Z House H HR 2007-07-31 110 hswm00 Ways and Means Committee House Standing Referred to 2007-07-31T13:06:25Z 2007-07-31 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-07-31 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-07-31 Introduced in House IntroReferral 1000 9 Library of Congress M001152 Rep. Musgrave, Marilyn N. [R-CO-4] Marilyn Musgrave R CO N. 4 N P000583 Rep. Paul, Ron [R-TX-14] RON PAUL R TX 14 2007-09-10 False M001146 Rep. Marshall, Jim [D-GA-8] Jim Marshall D GA 8 2007-10-01 False M001147 Rep. McCotter, Thaddeus G. [R-MI-11] Thaddeus McCotter R MI G. 11 2007-12-04 False Taxation Age Families Income tax Parent and child Tax rates Taxation

00 2007-07-31 Introduced in House 2007-09-10T13:48:39Z Repeals the provision in the Tax Increase Prevention and Reconciliation Act of 2005 which increased from 14 to 18 the age until which the unearned income of children is taxed at their parents' marginal income tax rates (thus restoring the age limit to 14).

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To amend the Internal Revenue Code of 1986 to restore age 14 as the age at which unearned income of minor children ceases to be taxed as if parent's income. Official Title as Introduced To amend the Internal Revenue Code of 1986 to restore age 14 as the age at which unearned income of minor children ceases to be taxed as if parent's income. Introduced in House IH Display Title To amend the Internal Revenue Code of 1986 to restore age 14 as the age at which unearned income of minor children ceases to be taxed as if parent's income. Introduced in House 2007-07-31T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr3262ih/xml/BILLS-110hr3262ih.xml 2007-07-31 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.