Deductions & credits

Not claiming the child as a dependent does NOT change the requirement for Form 8615.  It is still required, and that income is still required to be taxed at the parents' rate.

https://www.irs.gov/instructions/i8615/ch01.html#d0e38



In addition, as Carl's response indicates, if you choose not to claim the child as a dependent, the child can NOT claim their own exemption.


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