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1099-int for a dependent. Do I need to show it on my taxes?
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June 6, 2019
4:14 AM
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Get your taxes done using TurboTax
No, you do not need to show your dependent's income on your tax return. However, if your unmarried dependent's W-2 earnings exceed his/her standard deduction ($6,300 in 2016), they should file their own return and report the W-2 on their return.
But even if your dependent didn't earn enough to be required to file, s/he may want to file a return to recover any withholdings.
June 6, 2019
4:14 AM