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Does my child need to file a return if I received a 1099-DIV and 1099-B for their UTMA account? 1099-DIV is for $125 and the 1099-B is less than $1. No other income.
I’m the custodian for my child’s account, but both 1099s show their name and it lists their SSN as the recipient. Child is preteen with no other form of income and is my dependent.
February 28, 2025
4:07 PM