Summary: H.R.4571 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.4571. Bill summaries are authored by CRS.

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Introduced in House (05/11/1988)

Amends Internal Revenue Code provisions governing situations in which unearned income of a child under age 14 is taxed as if it were parental income. Excludes from income subject to the parental tax rate any earnings attributable to investments of the child's earned income.