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New Member
posted Feb 5, 2023 11:10:00 AM

Alaska Permanent Dividend reporting for child under 24 prompting to delete form

I want to report my two kids Alaska Permanent Fund Dividend under my taxes, which they were over $3k each for 2022 so needs to be reported. You go to the "less common income>under age 24" then there is a spot where it allows entry of the permanent dividend, then prompts to delete the form. 

 

Same problem appears to have happened last year as well. 

 

Can you fix this turbo tax? Cant file without this unless I want to file them separately and pay two "deluxe" filings for both kids including me. Its not really the $80 or so its just the hassle. 

0 2 795
1 Best answer
Expert Alumni
Feb 5, 2023 11:28:18 AM

As Raif mentioned, If you are trying to include your child's Alaska PFD income on your return, make sure to enter the amount  both in the first field titled Ordinary Dividends and the Alaska Permanent Fund Dividends field. Otherwise, the form will error and tell you that you are not required to report the income for your child if you only put it in the Alaska field. 

 

Here are the steps:

 

  1. "Income" tab
  2. Scroll to "Less Common Income"
  3. "Show More"
  4. "Start/Revisit"  Child's Income"
  5. "Yes"
  6. "Yes"
  7. "Continue"
  8. "Edit" or "Add another child" as needed
  9. "Yes"
  10. "No" to Payments question
  11. "Yes"
  12. "Yes"
  13. Child's information
  14. Continue through to the "Child's Dividend" page
  15. Enter the amount in top box "Ordinary Dividend" and in the 5th box "APFD" box

2 Replies
Expert Alumni
Feb 5, 2023 11:28:18 AM

As Raif mentioned, If you are trying to include your child's Alaska PFD income on your return, make sure to enter the amount  both in the first field titled Ordinary Dividends and the Alaska Permanent Fund Dividends field. Otherwise, the form will error and tell you that you are not required to report the income for your child if you only put it in the Alaska field. 

 

Here are the steps:

 

  1. "Income" tab
  2. Scroll to "Less Common Income"
  3. "Show More"
  4. "Start/Revisit"  Child's Income"
  5. "Yes"
  6. "Yes"
  7. "Continue"
  8. "Edit" or "Add another child" as needed
  9. "Yes"
  10. "No" to Payments question
  11. "Yes"
  12. "Yes"
  13. Child's information
  14. Continue through to the "Child's Dividend" page
  15. Enter the amount in top box "Ordinary Dividend" and in the 5th box "APFD" box

New Member
Feb 5, 2023 11:36:02 AM

Thank you that worked