Solved: My children all received a 1041 K-1 for 2016. They are all under 10 years old. There are numbers in boxes 11 and 14. Do I need to file taxes for them?
My children all received a 1041 K-1 for 2016. They are all under 10 years old. There are numbers in boxes 11 and 14. Do I need to file taxes for them?
Thanks! They have no income. Is the long term carry over loss beneficial to them in any way?
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