My child got a W2 in 2020 for about $2,100 . Should I report on my married filing jointly return or file a separate return - or ignore it since its below $12400.

Does it matter where the money was earned from e.g. internship with an IT company or working for a non-profit religious org?  If filing is required anyways, then what are the consequence of missing to file a child tax return or reporting on your own return, if the total earned income is below the $12400 limit?