375698
You'll need to sign in or create an account to connect with an expert.
Probably, even if there wasn't a withdrawal. A UTMA account usually has income and/or capital gains and the account financial institution issues IRS 1099 forms for that income or gains. You Dad has probably been receiving those forms.
If you had enough income to be REQUIRED to file a 1040EZ, then yes you must amend. If you only filed a 1040EZ to get your withholding back, then it depends on more detail, mainly how much income was on your W-2 and 1099 forms
Probably, even if there wasn't a withdrawal. A UTMA account usually has income and/or capital gains and the account financial institution issues IRS 1099 forms for that income or gains. You Dad has probably been receiving those forms.
If you had enough income to be REQUIRED to file a 1040EZ, then yes you must amend. If you only filed a 1040EZ to get your withholding back, then it depends on more detail, mainly how much income was on your W-2 and 1099 forms
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jaqmurray25
New Member
jade44351
New Member
Taxpayer56
New Member
chance0911
New Member
6bc2144a8173
New Member