PB11
Level 2

After you file

I have similar question for year 2020.

 

My kid has $200 of income in 1099-DIV and $300 of income in 1099-B. Do they need to file their return, or do I need to include it on my returns, or I can skip it all together?

 

Will there be any tax on this amount?

 

If they need to file their return, can I do it for them under my TT login? In other words, can I file 2 different returns under my login, or do they need their own login and payment method?

 

Thanks.