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New Member
posted Feb 6, 2023 11:05:49 AM

If I have an other (not a child) dependent who is not required to file because their income is less than $100 do I have to report their interest income on my return?

I'm already clear that they qualify as a dependent, and that they do not need to file a return. My intuition tells me that their income would just go unreported since it's so low - if I were required to report it, I simply would complete the return for the dependent, who would not owe tax on the interest anyway after taking their standard deduction

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1 Replies
Level 15
Feb 6, 2023 11:08:34 AM

No.  The income is below any possible reporting threshold.