bigbunny101
Returning Member

form 8814 or 8615

hello everyone

lets say my kiddie has capital gains somewhere between 2200 and 12000(or the threshold to file a federal) .

after reading up on both 8814 and 8615 i am not seeing any benefit over using one over the over because in form 8615 one has to indicate the parents agi and their respective tax bracket. 

 

am I missing or misunderstanding something. is there a tax benefit of using one form vs the other?