Is the unearned income (dividends) more than $2,500? The Kiddie Tax applies if your child:
- has unearned income (usually from investments) exceeding $2,500
- is required to file a return
- isn’t filing jointly
- is under age 19 (or 24 if a full-time student) as of January 1, 2024
For more information on the Kiddie Tax, see the TurboTax Article: What is the Kiddie Tax?
As for claiming him on your tax return: If he qualifies as your dependent, you don't have to claim him. but he has to indicate that someone CAN claim him as a dependent.
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