I have entered both my spouse and I's Alaska Permanent Fund Dividend distribution. My children are not listed on the 1099-MISC page and I am trying to report their dividends, but can't find the Form 8814.
In order to use Form 8814 as part of your tax return, the following conditions must be met:
• The child was under age 19 (or under age 24 if a full-time student) at the end of 2016. “Student” is defined below.
• The child’s only income was from interest and dividends, including capital gain distributions and Alaska Permanent Fund dividends.
• The child’s gross income for 2016 was less than $10,500.
• The child is required to file a 2016 return.
• The child does not file a joint return for 2016.
• There were no estimated tax payments for the child for 2016 (including any overpayment of tax from his or her 2015 return applied to 2016 estimated tax).
• There was no federal income tax withheld from the child’s income
In TurboTax, please do the following:
In order to use Form 8814 as part of your tax return, the following conditions must be met:
• The child was under age 19 (or under age 24 if a full-time student) at the end of 2016. “Student” is defined below.
• The child’s only income was from interest and dividends, including capital gain distributions and Alaska Permanent Fund dividends.
• The child’s gross income for 2016 was less than $10,500.
• The child is required to file a 2016 return.
• The child does not file a joint return for 2016.
• There were no estimated tax payments for the child for 2016 (including any overpayment of tax from his or her 2015 return applied to 2016 estimated tax).
• There was no federal income tax withheld from the child’s income
In TurboTax, please do the following: