... 14, 2010 13:58 Printer Name: Yet to Come J.K LASSER’S TM NEW TAX LAW SIMPLIFIED 2011 Tax Relief from the HIRE Act, Health Care Reform, and More Barbara Weltman John Wiley & Sons, Inc iii P1: OTA/XYZ ... distributions from mutual funds, and capital gains from the sale of property While the 2010 threshold amount for the kiddie tax is $1,900, the first $950 of unearned income is tax free to the child and the ... totals more than $950 but not more than $9,500 • No estimated taxes were paid on behalf of the child for the year and there was no tax overpayment from the previous year applied to estimated taxes...