You can report your child's interest income in TurboTax using the steps listed below. However, the IRS 2025 guidelines, state a child must have more than $1,350 in unearned income (interest/dividends...
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You can report your child's interest income in TurboTax using the steps listed below. However, the IRS 2025 guidelines, state a child must have more than $1,350 in unearned income (interest/dividends) to meet the threshold for filing a tax return or for parents to report it on their own return. So you are not required to report such income. If the child's income is $15,750 or more, it must be on the child's own tax return. It cannot be included on the parents' tax return You can enter your child's income on your tax return if the child was under age 19 (or 24 for students) at the end of 2025 and their income was solely from interest/dividends (must be under $13,500), and no estimated tax payments were made in your child's name for 2025. To report a child's income on your tax return you would: Click on Search in the top right of your TurboTax screen Type child's income in the search box Click on the link Jump to child's income Your screen will say Any Child's Income? Answer Yes The next screen will ask Is your child required to file a return for 2025? If you say No, TurboTax will not prompt you to add the income. If you answer Yes, TurboTax will ask you a series of follow-up questions to determine if it needs to be reported Click here for Do I need to report my child's 1099-INT on my return? Please return to Community if you have any additional information or questions and we would be happy to help.