JohnB5677
Expert Alumni

Get your taxes done using TurboTax

The section that would ask the question regarding providing for over half of a child's expenses is in the My Info section of the return.

 

To get to the Child's income portion of your return go to:

  1. Income & Expenses
  2. Scroll to Less Common Income

  3. Select Child's Income (Under Age 24)

  4. Continue through the interview

The guidelines for filing are:

  • If your child's only income is unearned and doesn't exceed $1,100, it doesn't need to be reported.
  • If their unearned income is between $1,100 and $12,400 in certain situations can be included on your return. 
  • If your child's unearned income is $12,400 or more, he or she will need to file their own return.

How do I report my child's investment income in 20... (intuit.com)

 

 

 

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