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Get your taxes done using TurboTax
"What should I put for my daughter? " Enter 1,700. I assume that TurboTax is trying to determine if your family is eligible for the Credit for Low-income Individuals. See the instructions for line 11 on page 24 in the VA 760 instructions. I imagine that if your family income is higher that what's shown in the Poverty Guideline Table between instructions for line 11 and line 12 (above), then an exact number on your daughter's AGI won't matter.
Yes, you should report that $1 interest - actually, it will be $0.50 but since that gets rounded up - it's a dollar for you.
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March 23, 2022
6:11 PM