No. When a child is filing and needs the parents information, they are filling out the Kiddie Tax. She has income being taxed at your rate and the program needed to know about your capital gains. Since you have the worksheet, look for these specific lines to fill in your daughter's Form 8615 requirements:
- Net Long-Term Capital Gain: Look at Line 13 of your Qualified Dividends and Capital Gain Tax Worksheet. This usually represents the total capital gain distributions reported on your Form 1040.
- Schedule D, Line 15/16 equivalents: If you didn't have any other sales of assets (like selling stocks or property), your "Net Long-Term Gain" is simply the total of those 1099-DIV distributions.
- If the amount is zero: If you truly had no capital gains or losses of any kind on your return, then you would enter 0.
If she has no earned income and her passive income is only interest and dividends, you can report her income on your return. The tax will be a little higher reported on your return.
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