You'll need to sign in or create an account to connect with an expert.
it's not reported on your return and if it's small enough your child does not have to file. if it wasn't over $1100
child does not have to file return.
You do not report his/her income on your return. If it has to be reported, at all, it goes on his own return. If your dependent child is under age 19 (or under 24 if a full time student), he or she must file a tax return for 2019 if he had any of the following:
Even if he had less, he is allowed to file if he needs to get back income tax withholding. He cannot get back social security or Medicare tax withholding.
In TurboTax, he indicates that somebody else can claim him as a dependent, at the personal information section.
If his only income is from interest and dividends, Alaska PFD or capital gains distributions shown on a 1099-DIV, there is a provision for entering it on your return, using form 8814. The prize money would disqualify you from this option.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Gemani
New Member
Gemani
New Member
jmpeacock-sbcglo
New Member
rhalexda
Level 2
joellevine1952
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.