1925138
You'll need to sign in or create an account to connect with an expert.
Do not add the 1099-MISC to your return. Create a separate logon ID and password for your child and file a separate return for her. You can use the same emall address that you use for your TurboTax account.
You can use TurboTax Free File for her return as long as she meets the income requirements.
On the Child's return be sure to check the box that says she can be claimed as a dependent by someone else. That is VERY important. Double check that.
You will add the 1099-MISC in her wages and income section. Answer the questions about the 1099-MISC.
Finish and file the return.
It seems there is a threshold for income before i would have to file a tax return for my child. I am looking at the "less common income" section --> more info.
The child's earned income was from a vaccine trial and she received a 1099-MISC for $925.00
It seems like the income would be "earned income" as opposed to "unearned income". Since it is unearned income and the amount was <$12,550 I believe this says i do not need to file a tax return for her. Total was $925 so even if it was unearned income it would be below that threshold.
Am i interpreting this correctly that i do not need to file a tax return for my child? I also do not need to report the income on my tax return?
For Federal, unearned income may be subject to Kiddie tax. And filing requirements may be different for State.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
galeroche4
New Member
nettynoo
New Member
lasaersr
New Member
moinulk2011
New Member
ladamsfbu
New Member