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s12321
New Member

2018 Tax Year : Where do i enter my child /minor 1099-INT income ?

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?

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DanaB
Expert Alumni

2018 Tax Year : Where do i enter my child /minor 1099-INT income ?

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:

https://ttlc.intuit.com/replies/3301446

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1 Reply
DanaB
Expert Alumni

2018 Tax Year : Where do i enter my child /minor 1099-INT income ?

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:

https://ttlc.intuit.com/replies/3301446

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