Skip to main content
Level 2
June 1, 2019
Solved

2018 Tax Year : Where do i enter my child /minor 1099-INT income ?

Where do i enter my minor's 1099-INT income under $50 ? is it on my return where i count as them as dependent or separate return?

DanaB27Answer
Employee Tax Expert
June 1, 2019

If your child's interest income is only under $50 then you do not need to report it.  Please see the filing requirements for dependents:

https://ttlc.intuit.com/replies/3302185

Also, see this FAQ for additional information about the kiddie tax this only applies if your child has unearned income exceeding $2,100:

https://ttlc.intuit.com/replies/3301446

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

1 reply

DanaB27Employee Tax ExpertAnswer
Employee Tax Expert
June 1, 2019

If your child's interest income is only under $50 then you do not need to report it.  Please see the filing requirements for dependents:

https://ttlc.intuit.com/replies/3302185

Also, see this FAQ for additional information about the kiddie tax this only applies if your child has unearned income exceeding $2,100:

https://ttlc.intuit.com/replies/3301446

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"