My son is 18 yrs old earned from his part job $1,500 with $4.00 tax withheld and capital gain distribution of $1,400. Should he file his own tax return? Or can I report his capital gain through form 8814 and not file W2 income earned from his part time job.
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He must file his own tax return, this year. Because of the W-2 income, you cannot file the capital gain on your return with form 8814.
He must file his own tax return, this year. Because of the W-2 income, you cannot file the capital gain on your return with form 8814.
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