@Grizz99
Q. So to be clear on this, if my dependent child's only income in 2020 is $992 in dividend income (unearned), then that's not taxable AND does not need to reported?
A. Simple answer : Yes.
There are no "clear answers" in taxes. That said, it is "taxable" but not reportable, because the dependent's total income is below the filing threshold of $1100.
