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Utma account child is now 25
My daughter has an Utma account** but is now working full time and 25 years old
** "UNDER THE NC UNIF TRSF TO MINORS ACT"
Assuming she reports the qualified / ordinary dividends <$37.66> and capital gains distributions <$106.01>
.. what form is this reported on ?
Many thanks,
Tom
we have procrastinated on transferring it to her name, but will def do it this year
March 25, 2021
11:29 AM