You'll need to sign in or create an account to connect with an expert.
You don't ... if the child is required to file a return it goes on their return only.
The Schedule K-1 is entered on the dependent's tax return since they received the income from the estate as a beneficiary.
How much taxable income is involved? Depending on amount and kind of income, no return may be required ...
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.
Viviservin18
New Member
Pugetsoundlife
New Member
Chichi8788
New Member
Myrosetree
New Member
lilredmija0107
New Member