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Questions on the Form 8615
1) So there is a question that asks: "Was the child either 18 years old or a full-time student age 19 to 23
with investment income more than $2,200 and their earned income did not exceed one-half of their support?" The only thing that is wrong about this is "investment income more than $2,200". I did not have any sort of investments in a stocks/company/whatever. So why then is the answer to this question "Yes"? I can't seem to be able to change the answer to "No".
2) The answer to the question "Enter the child's taxable income from Form 1040 or Form 1040-NR, line 15.
If the child files Form 2555, see the instructions" is "0" However, I had a part-time job where I earned money that was taxed. Why isn't the ~$1.1K amount listed there? Why is it 0?
I don't seem to be able to change anything on this form except add my parent's SSN.
3) Am I required to file this form if I am not a qualifying child of my parent?
‎February 7, 2021
1:11 PM