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Get your taxes done using TurboTax
No. Since this is scholarship income, which is unearned income, it is possible it is subject to the Kiddie Tax. In order to determine the tax rate, your income needs to be entered. If your income is $20,000 for the year, as HOH, you are likely in the 10% bracket. Although, this will probably not make any difference on your return, it would if your income were say, $200,000. So, whether or not you enter it on your return, it has to be entered on her return.
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‎January 29, 2024
2:43 PM