capital gains and dividends

[floriatax]

My daughter is a college student and she is going to file federal tax return with her W-2.  I am also claiming her as my dependent.

Her 2024 capital gains was less than $400, her 2024 dividends was less than $300, and her bank interest was less than $15.  Does she need to report those unearned income on her federal tax return?

[DoninGA · Accepted solution]

Yes, since she is completing a tax return she is required to report all income received.