Do I have to claim ordinary dividends (1099-DIV) on my daughters custodial account?

rodney-kayes123 · ‎June 4, 2019

My daughter is 18 and a full time student with no income other than $1006.56 on a 1099-DIV which is a custodial account with myself and we live in Maryland.

MarilynG · ‎June 4, 2019

No, you don't have to claim your daughter's dividends on your return. If this is the only income she has, she is not required to file a return, either.

Here's more info:

https://ttlc.intuit.com/replies/5070161

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

View solution in original post

MarilynG · ‎June 4, 2019

No, you don't have to claim your daughter's dividends on your return. If this is the only income she has, she is not required to file a return, either.

Here's more info:

https://ttlc.intuit.com/replies/5070161

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

Expert does your taxes

Do it yourself

Resources

Support

Do I have to claim ordinary dividends (1099-DIV) on my daughters custodial account?