topic Do I need to report my dependent's SSA-1099, if he has unearned income? in Retirement tax questions

Do I need to report my dependent's SSA-1099, if he has unearned income?

Bob26 — Thu, 06 Jun 2019 07:57:53 GMT

My wife is on Social Security Disability and my 15 yr old son receives income in his SS# on a SSA1099, he also has unearned income of about $3000, and no earned income, can I still report the unearned income on my tax form on a form 8814, and do I need to report SSA1099 payments because of the unearned income, and how would I do this?

If the child is required to file a return then ALL his in...

Critter — Thu, 06 Jun 2019 07:57:56 GMT

If the child is required to file a return then ALL his income from all sources should be reported ... so add the SSA income.

This is how you enter the unearned income for Form 8814 i...

Ashby — Thu, 06 Jun 2019 07:57:58 GMT

This is how you enter the unearned income for Form 8814 in TurboTax

In TurboTax, please do the following:

Federal Taxes
Wages & Income
Less Common Income
Child's Income (Under Age 24), Click Start
Any Child's Income?, click Yes
Child Required to File? click Yes
Then, Reporting Your Child's Income- You may be able to report your child's income on your return, using Form 8814, "Parents' Election to Report Child's Interest and Dividends".