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I received 1099-B for my child's UTMA acc. for an income of $3100. Where should i report it on the tax ? Also first certain $$ are tax free. How does TT differentiate?
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I received 1099-B for my child's UTMA acc. for an income of $3100. Where should i report it on the tax ? Also first certain $$ are tax free. How does TT differentiate?
First $1100 are tax free and how do i report the rest ?
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TurboTax Online
March 25, 2024
4:30 PM
