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Get your taxes done using TurboTax
Thanks. Now, I understand this a little better. She made very little last year. So, she can file the tax return to get a refund. The DIV will not impact the federal tax as it is just too small. So, now, my question is whether the dividend from the UTMA account should be entered at the same place as any other dividends or there is a particular place for UTMA.
I am living in Pennsylvania. So, another related question is whether, for the state tax purpose, is this dividend from the UTMA account counted the same as other dividends?
Sorry. I am very slow in this matter.
March 18, 2024
4:26 PM