KathrynG3
Expert Alumni

Get your taxes done using TurboTax

It depends. The rules following the Tax Cuts and Jobs Act are more favorable than the pre-TCJA rules for Form 8615. For more information, click on the article: SECURE Act Retroactive Change to Kiddie Tax

In general, to report your children's unearned income on your return, follow these steps: How do I report my child's investment income?