H.R. 3262 would 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.

== Detailed Summary ==

<summary>
(LogRepeals the provision in to edit the wikiTax Increase Prevention and be the firstReconciliation Act of 2005 which increased from 14 to provide a detailed summary18 the age until which the unearned income of children is taxed at their parents' marginal income tax rates (thus restoring the bill!)age limit to 14).
</summary>

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== Status of the Legislation ==

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Latest Major Action: 7/31/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.
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== Points in Favor ==

(Log in to edit the wiki and be the first to show why the bill should pass!)
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== Points Against ==

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