topic 1099 MISC in Get your taxes done using TurboTax

1099 MISC

TiffanyHarrison — Tue, 11 Feb 2025 17:22:32 GMT

My 16 yr old child received a 1099 MISC with amount ($3260) in box 3...what do we do?

Re: 1099 MISC

Opus 17 — Tue, 11 Feb 2025 17:24:20 GMT

Generally, a child must report their income on a tax return in their own name. What is this income for?

Re: 1099 MISC

Bsch4477 — Tue, 11 Feb 2025 17:40:00 GMT

The income is likely unearned income requiring that it be reported on the child’s return and subject to Kiddie Tax. TurboTax will handle that for you. Be sure to check the box on the child’s return saying that someone can claim them.