1099 MiCS for dependent

[grasserin]

My 21 year old daughter received a 1099 MISC form from a research lab. I am claiming her as my dependent as she was in college for most part of 2016. How do I file for 1099 MISC. The amount is $1000

[cameaf]

This would need to be filed on her own personal return. You can still file her as your dependent on your return as you normally do if this is the only income she has and otherwise qualifies to be your dependent.

Depending on the type of income the 1099-MISC is reporting, she may not have to file a return. TurboTax will help you decide this information. Be sure when filing her return to mark that she can be claimed as a dependent by someone else.

Since you have mentioned that the income is from a research lab, below are the directions on how to enter the 1099-MISC if it is reporting money received from research study.

• Type 1099-misc in the search box.
• Click on the Jump to 1099-misc link.
• This will take you to the 1099-MISC screen.
• Answer No to having self-employment income or expenses.

Here's the link that explains how to start another return in TurboTax:
https://ttlc.intuit.com/replies/3288574

[Hal_Al]

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 2016 if he had any of the following:

1.         Total income (wages, salaries, taxable scholarship etc.) of more than $6,300 (2016).

2.         Unearned income (interest, dividends, capital gains) of more than $1050 (2016).

3.         Unearned income over $350 and gross income of more than $1050

4.         Household employee income (e.g. baby sitting, lawn mowing) over $2000 ($6300 if under age 18)

5.         Other self employment income over $400, including box 7 of a 1099-MISC

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.

 He doesn’t get his own $4050 exemption (deduction), when he files. In TurboTax, he indicates that somebody else can claim him as a dependent, at the personal information section.