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Kiddie Tax Changes: Tribal Benefits and Alaska Dividends as Earned Income.

This bill modifies the "kiddie tax" rules for children's income. It specifies that certain tribal benefits and Alaska Permanent Fund dividends will now be considered earned income. This change could lead to lower tax rates for families receiving these payments, potentially increasing their disposable income.
Key points
Payments from Indian tribal governments and Alaska Permanent Fund dividends will be treated as earned income for kiddie tax purposes.
This change may reduce the tax burden for children receiving these types of income.
The new rules apply to tax years beginning after December 31, 2020.
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Expired
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Additional Information
Print number: 117_S_2522
Sponsor: Sen. Murkowski, Lisa [R-AK]
Process start date: 2021-07-28
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

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.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2522.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-07-28.

What are the main provisions?

Key points include:

  • Payments from Indian tribal governments and Alaska Permanent Fund dividends will be treated as earned income for kiddie tax purposes.
  • This change may reduce the tax burden for children receiving these types of income.
  • The new rules apply to tax years beginning after December 31, 2020.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Murkowski, Lisa [R-AK].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Benefits Family