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My dependent has investment income of $700 in ordinary dividends, $400 in qualified dividends and $1,425 in total capital gain dist, do i need to report this on my return

 
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My dependent has investment income of $700 in ordinary dividends, $400 in qualified dividends and $1,425 in total capital gain dist, do i need to report this on my return

Since the child has more than $1,050 of unearned income, the income is required to be reported on a federal tax return.

You can report the child's unearned income on your tax return using Form 8814 -

Enter kiddie tax in the Search box located in the upper right of the program screen.  Click on Jump to kiddie tax

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