topic I have a UGMA acct for my grandchild she is not my dependent and does not live live with me capital gain was 144.00 dollars how do I report it ? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/i-have-a-ugma-acct-for-my-grandchild-she-is-not-my-dependent-and-does-not-live-live-with-me-capital/01/383931#M158956 Tue, 04 Jun 2019 18:40:39 GMT gek25100 2019-06-04T18:40:39Z I have a UGMA acct for my grandchild she is not my dependent and does not live live with me capital gain was 144.00 dollars how do I report it ? https://ttlc.intuit.com/community/taxes/discussion/i-have-a-ugma-acct-for-my-grandchild-she-is-not-my-dependent-and-does-not-live-live-with-me-capital/01/383931#M158956 Tue, 04 Jun 2019 18:40:39 GMT https://ttlc.intuit.com/community/taxes/discussion/i-have-a-ugma-acct-for-my-grandchild-she-is-not-my-dependent-and-does-not-live-live-with-me-capital/01/383931#M158956 gek25100 2019-06-04T18:40:39Z If that is her only income and assuming the tax form has... https://ttlc.intuit.com/community/taxes/discussion/if-that-is-her-only-income-and-assuming-the-tax-form-has/01/383934#M158957 <P>If that is her only income and assuming the tax form has her Social Security number then you do not report it at all.</P><P>As long as she only has unearned income, she would not have to report it unless it exceeds $1050.</P> Tue, 04 Jun 2019 18:40:40 GMT https://ttlc.intuit.com/community/taxes/discussion/if-that-is-her-only-income-and-assuming-the-tax-form-has/01/383934#M158957 BobinCT 2019-06-04T18:40:40Z