- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My dependent has investment income of $700 in ordinary dividends, $400 in qualified dividends and $1,425 in total capital gain dist, do i need to report this on my return
Topics:
June 3, 2019
10:42 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Since the child has more than $1,050 of unearned income, the income is required to be reported on a federal tax return.
You can report the child's unearned income on your tax return using Form 8814 -
Enter kiddie tax in the Search box located in the upper right of the program screen. Click on Jump to kiddie tax
June 3, 2019
10:42 AM