Yes, if your dependent child is required to file a tax return, you can use TurboTax to prepare that return. To file an additional return with TurboTax Online, you would have to start a new account, with a new user id and password, and you would have to pay separately for each one.
If you have several returns to file, the CD/Download version may be a better solution, because you can prepare multiple returns with one product and can e-file up to five Federal returns for free.
For 2022, a child typically can have up to $12,950 of earned income without paying income tax. However, self-employment income and unearned income such as that from investments have different thresholds for children to file tax returns. The dependent may also wish to file a return if they worked and had taxes withheld.
See this article for more information from TurboTax about claiming dependents and their filing requirement.
See this help article regarding preparing more than one return in TurboTax Online.
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