Reporting your child’s dividend income is done in a
different section of the program from where you would report your own interest
or dividend income.
To get to the correct section, use these steps:
On the top row of the
TurboTax online screen, click on Search (or for CD/downloaded TurboTax
locate the search box in the upper right corner)
This opens a box where you
can type in “child income” (be sure to enter exactly as shown here) and
click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will
give you an option to “Jump to child income”
- Click on the blue “Jump
to child income” link and enter your information
This will take you through a series of questions to be sure
you are qualified to file Form 8814 –
Parent’s Election to Report Child’s Interest and Dividends for your child’s
income, and that you are electing to report it.
You will see a screen to enter your child’s information, even though you
already entered it in the Dependent’s section.
Then there will be a series of questions and forms to fill in regarding
the type and amounts of income your child received.
For more information see the TurboTax article Tax
Filing Requirements for Children and more information below regarding
Kiddie Tax.
https://ttlc.intuit.com/replies/4790655
