Gains/Losses

[dsternzon]

I have an account for my granddaughter and this year there is a $2,500 loss. She is 13 and has no income, just the gains and losses on the investment I have for her. Do I file a return on her social security number or can her father or I claim the loss on our taxes?

[DoninGA]

Gains or losses within an investment account are reported on a tax return.  Only when the investment is sold does the sale need to be reported.