- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Correct, UTMA income is not reported by the custodian but by the child. If the dividends reach the filing requirement, the child's legal guardian must sign the return, or they can elect to include the income on their return. Note that if the child's income from dividends and interest does not exceed $1,100 then no reporting is required.
March 12, 2022
7:13 AM