$1301 in unearned income (such as interest, dividends, capital gains) triggers a filing requirement (for the 2024 tax year). At that time if all of the child's income is unearned income, it can be included on the parent's return in the area for children's income reported on a parent's return (it is not included as if it belongs to the parent.)
You could elect to file a return for the child separately, but the result would be the same since the tax rate for the child depends on the income of the parent in this instance (that's the "kiddie tax").
If the child has unearned income plus earned income (such as from a part-time job), then he must file his own return reporting both the earned income and the unearned income on a single combined return. The unearned portion of income is still subject to kiddie tax here also.
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