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Get your taxes done using TurboTax
Sorry interest is always taxable. Somebody has to pay the tax on it. So they both have 7,000 of interest? She has to file a return for it and I think pay the Kiddie tax on it. Turbo Tax article
https://ttlc.intuit.com/turbotax-support/en-us/help-article/small-business-processes/2021-kiddie-tax...
‎February 5, 2025
12:01 PM