Retirement tax questions


@Tnoble wrote:

I’m in the same boat 

my son lost his dad and he got his thrift savings. So I file taxes for him and I can still claim him in my taxes? My sons 1099r they took out $6,000 for federal and $0 for state. 
What do I do?  I’m confused. 


Income paid to a child is only reported on a tax return in the child's name, it can't be added to a parent's return. This does not usually change the fact that you claim the child as a dependent on your tax return.  When preparing the child's tax return, make sure to answer "yes" to the question, "can this person be claimed as a dependent by someone else?"

 

To prepare someone else's return in Turbotax Online, you would need a separate online account with a separate user name and password.  Each online account can only prepare one return for one person.