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mle4
Level 2

Custodial investment

I am custodial on my daughter's investment. We sold shares to reinvest and took a loss. Since I am the custodian of that investment. Do I claim it on my tax returns? She is 17

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‎January 19, 2023 5:01 PM
last updated ‎January 19, 2023 5:01 PM
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Bsch4477
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Custodial investment

Generally a custodial account would be under the child’s social security number and any tax related transactions would be reported on the child’s return. 

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‎January 19, 2023 5:09 PM
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Bsch4477
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Custodial investment

Generally a custodial account would be under the child’s social security number and any tax related transactions would be reported on the child’s return. 

‎January 19, 2023 5:09 PM
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