2021 UTMA 1099-Div Boxes 1a, 1b, 2a reinvested, accounts for grandsons under age of 19 in Florida. Do I file tax return for each?

[ColeenD3 · Accepted solution]

Maybe. It depends on the amount and whose social security number is listed on the form. If it is your number, you would include the income on your return.

Single dependents—Were you either age 65 or older or blind? No.

You must file a return if any of the following apply.

1. Your unearned income was more than $1,100.

2. Your earned income was more than $12,550.

3. Your gross income was more than the larger of— a. $1,100, or b. Your earned income (up to $12,200) plus $350.