You don't have to report your child's Permanent Fund Distribution on your own return.
If your child had more unearned income than $1,050, but less than $10,500, then you have a choice to either report it on your child's tax return or your own tax return.
For guidance on how to enter the Alaska Permanent Fund Dividend in TurboTax, please see the TurboTax Help article "Where do I enter my Alaska Permanent Fund Dividend (Alaska PFD)?". There's a section in the article called What about my child's Alaska PFD? that might be helpful to you.
[Edited 3|16|2020 10:27 am]
