gek25100
New Member

I have a UGMA acct for my grandchild she is not my dependent and does not live live with me capital gain was 144.00 dollars how do I report it ?

 

Get your taxes done using TurboTax

If that is her only income and assuming the tax form has her Social Security number then you do not report it at all.

As long as she only has unearned income, she would not have to report it unless it exceeds $1050.

View solution in original post