When I logged in to my brokerage inside of the turbotax application, it imported all of my 1099s, INT and DIV. But, it also imported in my childrens' UTMA 1099-DIV information in to my file.
To be clear, I am the custodian of the UTMAs, but the 1099-DIVs are in their name, with their SSNs on them.
So, my questions:
- Do I manually delete the 1099-DIVs imported by Turbotax and manually create the 8814s myself (the income is within the $1,050-$10,500 range where I can report on my 8814)
- Since the 1099-DIVs were issued in the childrens' names, to I need to list any of the dividends as nominee dividends?
