Form 8615

[2shoes]

As guardian of our 19 year old grandchild, she is claimed as a dependent on our tax return. Do I fill out the parent section with my info needed on form 8615. Or do I not need this form filled out. Please advise.

[ThomasM125]

No, you would only enter the parent's information on Form 8615. You do need to complete that form if the child was required to file a tax return, had more than $2,600 of unearned income in 2024, was under 18 or full-time student under age 24, and at least one of their parents were alive in 2024 and the child does not file a joint tax return for 2024.

[Hal_Al]

Q. As guardian of our 19 year old grandchild, she is claimed as a dependent on our tax return. Do I fill out the parent section with my info needed on form 8615?

A. No. If form 8615 is needed, it is filled out with the parent's income info, even though the parent is not claiming the dependent.

Q. Or do I not need this form filled out?

A. If form 8615 is needed, TurboTax (TT) will automatically generate it.  This happens when the child has more than $2600 of unearned income income (interest, dividends, capital gains, unemployment, taxable portion of 529 distribution and sometimes taxable scholarship).