Filing Dependent 1099-INT Trust Account

BCDENTON — Mon, 16 Mar 2026 22:26:54 GMT

Hello!

I have two dependents that were beneficiaries through a Living Trust that was executed during 2025. After funds were dispensed to all the beneficiaries, we set up CDs for the trust account funds for our two dependents. We received Schedule K-1 Form 1041 forms along with 1099-INT for both of them. I was under the impression that all of this would be included with our 2025 filing but it does not appear to be the case. First off, what is the 1099-INT threshold for reporting for a dependent? If the interest earned last year does no exceed that threshold, I will not need to file the two accounts correct? Do I need to do anything with the Form 1041 Schedule K-1 if I don't have to report the 1099-INT? I assume I would enter both the 1099-INT and K-1 together for each dependent if I need to file but I want to make sure I understand this before doing anything. Any insight would be greatly appreciated!

Re: Filing Dependent 1099-INT Trust Account

DianeW777 — Mon, 16 Mar 2026 22:53:49 GMT

It depends. The income belongs to the dependents, so whether it will be entered on your tax return, on their own tax return or not at all depends on the amount. To determine if they are required to file here are requirements.

Tax requirements for dependent children are different from those of other taxpayers.

A dependent child who has earned more than $15,750 of earned income (tax year 2025) typically needs to file a personal income tax form. Earned income includes wages, tips, salaries, and payment from self-employment.
A dependent child who receives more than $1,350 in investment income in 2025 is required to file a tax return. If it is below this amount then there is no need to file for the dependent.
- Investment income includes interest and dividend payments, as well as sale or redemption (sale) of stocks or bonds.
If your child’s investment income consists only of interest and dividends, you can use IRS Form 8814 to include it on your own return and combine it with your own income. Doing this may push you into a higher tax bracket and result in higher income tax than if you prepare a separate return for your child.
Review this link for further and more clarifying details. Tax Filing Requirements for Children

If they are below the filing threshold, then you will keep the K1s and 1099-INTs in your tax files should you need them later on for any reason. Please update with additional details and we can provide more direct guidance for you.

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Filing Dependent 1099-INT Trust Account

Re: Filing Dependent 1099-INT Trust Account