The kiddie tax threshold for 2023 is $2500, not $2300.
Q. If my parents have 0 for their qualified dividends in line 3a, form 1040, can the parental capital gains section of form 8615 be left blank?
A. No.
Q. I am assuming if qualified dividends in form 1040 is -0-, the information above can be left blank since they all pertain to dividend gain / loss. Please correct me if I am wrong.
A. I think what you're saying is your parents didn't sell any stocks or other securities and only got a 1099-DIV. The 1099-DIV has other schedule D info, not just qualified dividends (box 1b); most typically capital gains distributions (box 2a). If the only entry is in box 1a, then you can skip the schedule D section.
