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Get your taxes done using TurboTax
There is one rare situation where, for tax purposes, your parents would need to know about your income. That is if they have a custodial account (UTMA or UGMA) set up for you. The income from that kind of account can sometimes be reported on the parent's return. If they are filing that income, while you are filing the cammodel income, a conflict will occur on the IRS computers.
May 31, 2019
6:29 PM