Hi,
For a previous tax year, I did not meet the IRS filing threshold for a single dependent. It turns out I did exceed the state threshold for NC and in order to file in NC, I need to complete a 1040.
I was a college student with taxable scholarships (ONLY form of unearned income) in excess of the unearned income limit for dependent minors, however, since I didn’t need to file 1040 (total earned income, including taxable scholarship < single dependent filer standard deduction), I didn’t meet the 1040 IRS filing requirement, and thus did not need to fill out the form.
Now that I’m completing the 1040 anyway so that I can do the state return, I’m trying to confirm whether or not I need to complete the Kiddie tax Form 8615? Logically, my taxable income is 0, which is evident on the 1040 so the form wouldn’t add any value. The tax software I’m using will not take me through the form, but gives me a warning when trying to progress to the next section that says I’m required to complete the form. I called the IRS and they said they don’t have anyone who can answer questions about the form I called back 3 times and was put on hold until the phone disconnected.
@Carl, @macuser_22, @Hal_Al your answers on other posts have been extremely informative and I’m grateful for the information you provide. Could you possibly assist in helping me to clarify whether or not this form is required for me?
