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Get your taxes done using TurboTax
If a child's income includes a 1099-B, sale of securities. This will need to go on a separate tax return for the child. Enter the 1099-B along with their other unearned income on theirr tax return.
In fact, you can only report her unearned income on your return if the only income she had for the year was interest, dividends, and capital gains distributions (reported on a 1099-DIV).
Please see Figure 1 in IRS Publication 929, Tax Rules for Children and Dependents
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March 25, 2023
7:21 PM