If I file form 8615 and my parent does not claim me as a dependent, will my parent's taxes be impacted?
01431
1 Replies
ThomasM125
Expert Alumni
Apr 10, 2025 4:04:08 PM
No, the purpose of that form is to allow for a portion of your unearned income to be taxed at your parents tax rate, if higher than yours. As such, it will not affect their tax.