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.

This 1099-DIV belongs to... does not show child name to enter

I am not able to add 1099-DIV and 1099-B in child's name. It is calculating the income as of parent. Please guide
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 Reply
MindyB
Expert Alumni

This 1099-DIV belongs to... does not show child name to enter

You can use a Parent's Election to Report Child's Interest and Dividend, Form 8814, to report a child's income, but only if the child's investment income includes only 1099-DIV or 1099-INT.  Because your child's income includes a 1099-B, you'll need to file a separate return for them if their unearned income is greater than $1,300.

 

Here is some information you may find helpful: Tax Filing Requirements for Children

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question