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drolet
New Member

Dependent child under age 18 has capital gains and interest only income of $664. does it need to be reported? no tax paid so does he have to file a return?

 
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MinhT
Expert Alumni

Dependent child under age 18 has capital gains and interest only income of $664. does it need to be reported? no tax paid so does he have to file a return?

Children do not need to report unearned income of less than $1,050.  Your child does not need to file a tax return.

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MinhT
Expert Alumni

Dependent child under age 18 has capital gains and interest only income of $664. does it need to be reported? no tax paid so does he have to file a return?

Children do not need to report unearned income of less than $1,050.  Your child does not need to file a tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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