Greetings! My son has net capital gains of under $1,150 for year 2022. I want to claim his as a dependent but want him to file his own taxes so that he may carry over his capital losses into 2023.
Question: If he "does' file own his separate tax return (even if he is not required to, according to the rules),
will I still be able to declare him as a dependent? Any downside of going this route versus him not filing at all?
Thanks for your feedback!
My wife and I - Married filling jointly
My SON:
Single
Age in 2022: 22 and full-time student
Support: I provide more than half of his support.
Income: Net capital gains $800
(no other income)
Forms received: he received 1099-B from three brokerages
