My 12 year old child has his own investment account and was issued a 1099-B for sales proceeds from CD with $0 gain (covered short-sale)Does he have to file a tax return?
My 12 year old child has his own investment account and was issued a 1099-B for sales proceeds from CD with $0 gain (covered short-sale)Does he have to file a tax return?
see IRS pub 501 for who must file based on income and circumstances.