turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Tax from selling stock for minor

I have 2 children (3 and 4 years of age) and have investment accounts in each of their names. I sold stocks in both of their accounts for gains, approximately $1,200 in each account. Do I have claim this anywhere? My return? File a return for each on their behalf?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
SharonD007
Employee Tax Expert

Tax from selling stock for minor

You don't need to file a tax return for your children since their investment income was less than $1,350 for 2025. A dependent child who receives more than $1,350 in investment income in 2025 is required to file a tax return. Investment income includes interest and dividend payments.

 

 

Refer to the TurboTax article Tax Filing Requirements for Children for more information.


 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
SharonD007
Employee Tax Expert

Tax from selling stock for minor

You don't need to file a tax return for your children since their investment income was less than $1,350 for 2025. A dependent child who receives more than $1,350 in investment income in 2025 is required to file a tax return. Investment income includes interest and dividend payments.

 

 

Refer to the TurboTax article Tax Filing Requirements for Children for more information.


 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question