I'm a dependent adult that incorrectly selected the form 8615 Tax for Certain Children Who Have Unearned Income. I'm now being forced to fill it out. How do I cancel it?

user232107577 — Tue, 16 Mar 2021 23:24:14 GMT

I'm stuck in the review section.

Re: I'm a dependent adult that incorrectly selected the form 8615 Tax for Certain Children Who Ha...

LenaH — Tue, 16 Mar 2021 23:48:18 GMT

Kiddie tax applies whether or not you are a dependent of your parents.

Form 8615, Tax for Certain Children Who Have Unearned Income, is required when a child meets all of the following conditions:

The child had more than $2,200 of unearned income (which includes unemployment compensation).
The child is required to file a tax return.
The child either:
1. Was under age 18 at the end of 2020,
2. Was age 18 at the end of 2020 and didn’t have earned income that was more than half of the child's support, or
3. Was a full-time student at least age 19 and under age 24 at the end of 2020 and didn’t have earned income that was more than half of the child's support.
At least one of the child's parents was alive at the end of 2020.
The child doesn’t file a joint return for 2020.

This form will not added to your return unless you are being assessed kiddie tax based on the guidelines above.