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Level 1
January 31, 2020
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What is form 8615? I’m stuck at this part

  • January 31, 2020
  • 1 reply
  • 25 views
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Best answer by klehnhardt

You will use the Form 8615 to figure your tax on unearned income over $2,100 if you are under the age of 18.

 

Unearned income is income that is not earned, meaning it is derived from another source, such as an inheritance or investments that earn interest or dividends.

1 reply

Level 10
January 31, 2020

You will use the Form 8615 to figure your tax on unearned income over $2,100 if you are under the age of 18.

 

Unearned income is income that is not earned, meaning it is derived from another source, such as an inheritance or investments that earn interest or dividends.