SusanY1
Expert Alumni

Get your taxes done using TurboTax

As rjs states above, you can't add regular capital gains in an UTMA account to a parent's return.

However, if the child has only capital gains distributions from a mutual fund (reported on 1099-DIV) then the income can be reported on the parent's return. 

However, you can't import this type of data - you'd need to manually input in the area for child's income reported on parent return.  This goes in the section for "child's income" under Less Common Income in TurboTax.

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