Sorry, I don't follow what you mean by "unlikely"?
"If you contributed a significant portion of the funds and your child receives the Form 1099-INT, you can share the tax liability proportionally by filing a Form 1099-INT for your share. Frankly, that seems unlikely."
Do you mean that the minor child needs to send me a 1099-INT for my share of the $515 interest? (Since the interest was only $515, the child has no tax liability). Or maybe you meant that it would not be necessary?
