THE REVERE ADVOCATE – FRIDAY, DECEMBER 12, 2025 Page 19 OBITUARY Parma “Viola” Cimino O f Revere. Passed peacefully on Sunday, November 30, in the arms of her family at her home. Viola was the beloved wife of Raff aele Cimino and the loving mother of Antonio Cimino and his wife Marie, Pasquale “Patsy” Cimino and his wife Mary Ann, Frank Cimino and his wife Debbie, Mariano Cimino and his wife Deborah, and Sandro Cimino and his wife Cheryl. She was the cherished grandmother of Jennifer and her husband Keith Hallissey, Adriana and her husband Jeffrey Pitrone, Arrietta and her partner Steven, Mariano Jr., Michael, Alandria, Anthony, Angelica and her fi ancé Matthew Mitchell, Vanessa and her husband David Rindone, Samantha, Joseph, Vincenzo, and Nicholas. She was the beloved great-grandmother of Gianni, Jennavieve, Johnny, Max, Olivia, and Grace. Viola spent the first nearly forty years of her life in Calabria, Italy, where she found love with Raff aele and began raising their young family in the farm country. In 1972, with all her children in her arms, she made the brave decision to bring her family to America and start a new life. Though it was not easy, with the help of their family, Viola and Raff aele were able to plant new roots and settle into Revere. Passionate about the food she cooked and provided for her family, Viola loved spending time in her beautiful garden with Raff aele. Her cooking was unlike any other. She loved having her grandchildren and family over to make bread and gravy together in the kitchen. She always made sure to feed her family and friends so no one was ever hungry in her home. Viola was happiest when she was surrounded by the love of her family. She had the great privilege of watching not only her grandchildren but also her great-grandchildren grow up, as her entire family lived close by. As the strong and stubborn woman, she was, she never showed fear or pain — even in her last days, when she was stealing playing cards from the kids and giving everyone the same attitude, they all adored. Viola was deeply loved by her family, who surrounded her with great care and devotion until her last breath, when she reunited with Raff aele in heaven. She will be missed tremendously by all who knew her. Her family will forever treasure the beautiful memories they were blessed to share with her throughout her life. Calling hours were held on Wednesday, December 3, at Vertuccio Smith & Vazza, Beechwood Home for Funerals, Revere, MA 02151. A Funeral Mass was celebrated on Thursday at St. Anthony of Padua Church, Revere. Services concluded with the interment at Woodlawn Cemetery, Everett. THE “KIDDIE TAX” A child or dependent is taxed on income, including wages, income from real estate, unearned income and income from certain trusts. No personal exemption will be allowed to an individual eligible to be claimed as a dependent on another taxpayer’s return. The basic standard deduction for dependents is limited to the greater of $1,300 or the sum of $400 plus any earned income of the dependent. As a result, a dependent who has gross income of $1,300 or less will not be taxed on that amount and no federal or state income tax return would need to be fi led. Investment income of a child under age 18 is generally taxed at the parent’s marginal income tax bracket if such income exceeds the sum of the $1,300 standard deduction and the greater of $1,300 or the itemized deductions directly associated with the production of that investment income. A parent may elect on Form 8814 (Parent’s Election To Report Child’s Interest and Dividends) to include on his or her individual income tax return the unearned income of a child under the age of 18 as of January 1, 2025, whose income is less than $13,000 and which consists solely of interest, dividends, and capital gain distributions. This election is not available if estimated income tax payments were made during the year under the child’s name and social security number or if the child is subject to backup withholding. Electing parents are taxed on their child’s unearned income in excess of $2,600 for calendar year 2025. They must report a tax liability equal to $110.00 plus the excess unearned income above $2,600 x the parent’s marginal income tax bracket.. The so-called “kiddie tax” has greatly reduced the use of intra-family transfers of income-producing property in order to reduce the family’s overall income tax liability by shifting income from the parent’s high marginal income tax bracket to the “under 18” child’s lower income tax bracket. As an example, a fi ve year old child has $5,000 of unearned income and no earned income during calendar year 2025. His standard deduction of $1,300 is allocated against his unearned income so that his net unearned income equals $3,700. The first $1,300 of that amount is taxed at the child’s income tax bracket while the remaining $2,400 is taxed at the parent’s marginal income tax bracket. In the case of divorced parents, the tax is paid using the marginal income tax bracket of the custodial parent. If the parents are married but are fi ling separately, the tax is based upon the parent with the highest marginal income tax bracket. The tax is computed by using Form 8615. It is often considerably easier from an income tax preparation standpoint for the parent to elect to report such unearned income on his or her own income tax return. This avoids the necessity of having to fi le multiple income tax returns and therefore would save on the associated return preparation fees. Joseph D. Cataldo is an Estate Planning/Elder Law Attorney, Certifi ed Public Accountant, Certifi ed Financial Planner, AICPA Personal Financial Specialist and holds a Master’s Degree in Taxation. REAL ESTATE TRANSACTIONS BUYER1 Baker, Kevin Granados, Patricia L Iftikhar, Irfan BUYER2 Peabody, Kathryn Iftikhar, Adnan Reyes, Alexander Vigil-Vigil, Edith R Romero, Catherine E Rubiere, Lina C Rubiere, Alphonso Silveira, Viktoriia A Silveira Jr, Cloves A SELLER1 Ramos, David J 133 Salem Development LLC Ephesus LLC Mary Ann Polito RET Hopkins, David Lcd Parkway Rt Morrissey, Marlene M Dolimpio, Denise M Morrissey, Dennis P SELLER2 Ramos, Claudia A 133 Salem St #409 38 Oakwood Ave 53 Wentworth Rd 29 Mccoba St #4 Revere Copyrighted material previously published in Banker & Tradesman/The Commercial Record, a weekly trade newspaper. It is reprinted with permission from the publisher, The Warren Group. For a searchable database of real estate transactions and property information visit: www.thewarrengroup.com ADDRESS DATE PRICE 69 Leverett Ave 11.17.25 960000 11.13.25 285000 11.14.25 880000 11.13.25 748000 11.14.25 320000 Marshall, Lauriston B 595 Revere Beach Pkwy #39 11.13.25 350000 29 Blanchard Ave 11.14.25 700000
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