245876
Where do i enter my minor's 1099-INT income under $50 ? is it on my return where i count as them as dependent or separate return?
You'll need to sign in or create an account to connect with an expert.
If your child's interest income is only under $50 then you do not need to report it. Please see the filing requirements for dependents:
https://ttlc.intuit.com/replies/3302185
Also, see this FAQ for additional information about the kiddie tax this only applies if your child has unearned income exceeding $2,100:
If your child's interest income is only under $50 then you do not need to report it. Please see the filing requirements for dependents:
https://ttlc.intuit.com/replies/3302185
Also, see this FAQ for additional information about the kiddie tax this only applies if your child has unearned income exceeding $2,100:
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.
dalibella
Level 3
scatkins
Level 2
user17539892623
Returning Member
exintrovert
New Member
yingmin
Level 1