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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.
May 31, 2019
6:14 PM