My 4 year old owned some 21st Century Fox stock in her custodial account in 2019. 21st Century fox was acquired by Disney, this merger generated a gain of under $6 in her account. The transaction is reported on a Form 1099-B Proceeds From Brokerage and Barter Exchange Transactions. She has no other income, earned or otherwise. I'm not sure if I still have to file a tax return for her, since this is classified as a capital gain, and not interest/dividends?
Would really appreciate any advice. Thanks!
