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I am not sure I understand your question. Are you preparing your son's tax return? Where his income goes, depends on the type of income. In certain circumstances, it will be reported on your tax return. (investment income over a certain amount)
If you are reporting Investment Income see the attached file for instructions.
First is your son, who is 19, still in school (college) and are you claiming him as a dependent?
Even if he is a dependent, he will generally need to file a 2017 tax return if his:
Even if his income falls below these filing requirements, he may want to file to get any taxes that were withheld from his paychecks.
If he has Investment Type Income between $1050 and $10,500 see attached instructions.Here is some information I have found about 1099-Q and excess distributions. This is a really long answer but this person knows this part of the Tax Law. Toward the end of this information, it specifically addresses 1099-Qs and some tax tips. Let me know if this helps.
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