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Level 2
April 15, 2023
Question

Form 8615

  • April 15, 2023
  • 1 reply
  • 6 views

My daughter was 19 in 2022 and should have to complete 8615 because she did not have earned income that made up at least 1/2 of her support. TT is not completing Form 8615 for her. How do I get it to add that form?

    1 reply

    MaryK4
    Level 15
    April 15, 2023

    For children under age 18 and certain older children, unearned income over $2,300 is taxed at the parent's rate if the parent's rate is higher than the child's and if the child's unearned income is more than $2,300.  Did you enter the income in TurboTax?  (It will not prompt you if there is no unearned income reported.) See Tax for Certain Children Who Have Unearned Income

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    Level 2
    April 15, 2023

    I did - I think the issue is that she had a carryover loss that offset the $3007 in unearned income, so the form was not needed. 

     

    Thanks for the quick reply!

    MaryK4
    Level 15
    April 15, 2023

    Yes the carryover loss will put in under the reporting requirement.  @mikimoto08 

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