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Business & farm
If you have dependents who have ONLY interest or dividend income, you can choose to report that on your tax return
.
If your dependents have WAGE income reported on a W-2 or a 1099-MISC you CAN NOT report that on your tax return. Your dependents must file their own tax return and report ALL (including interest and dividends) of their income on their tax return
.
If your dependents have WAGE income reported on a W-2 or a 1099-MISC you CAN NOT report that on your tax return. Your dependents must file their own tax return and report ALL (including interest and dividends) of their income on their tax return
‎June 1, 2019
12:05 AM