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Skip241
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Child had unearned income of $350 or less, and gross income less than $6,300. Do I report child's unearned income on my return or is it not reportable at all?

Child's W-2 was $1933.44 and no fed tax withheld.
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KrisD
Intuit Alumni

Child had unearned income of $350 or less, and gross income less than $6,300. Do I report child's unearned income on my return or is it not reportable at all?

Not if the child had Unearned Income of $350 (or less)  and Earned Income of  $5,950 (or less).

According to the IRS:

"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 $1,050.

2. Your earned income was more than $6,300.

3. Your gross income was more than the larger of— a. $1,050, or b. Your earned income (up to $5,950) plus $350.


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

1. Your unearned income was more than $2,600 ($4,150 if 65 or older and blind).

2. Your earned income was more than $7,850 ($9,400 if 65 or older and blind).

3. Your gross income was more than the larger of— a. $2,600 ($4,150 if 65 or older and blind), or b. Your earned income (up to $5,950) plus $1,900 ($3,450 if 65 or older and blind)."

CLICK HERE for IRS Pub 501 Exemptions, Standard Deduction, Filing Information







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