Unfortunately, you can't use Form 8814 since he has earned income.
Parent's Election To Report
Child's Interest and Dividends
You may be able to elect to include your child's interest and
dividend income (including capital gain distributions) on your tax return. If
you do, your child will not have to file a return.
You can make this election only if all the following conditions
are met.
- Your child was under age 19
(or under age 24 if a full-time student) at the end of the year.
-
Your child had income only
from interest and dividends (including capital gain distributions and
Alaska Permanent Fund dividends).
- The child's gross income was
less than $10,500.
- The child is required to file
a return unless you make this election.
- The child does not file a
joint return for the year.
- No estimated tax payment was
made for the year, and no overpayment from the previous year (or from any
amended return) was applied to this year under your child's name and
social security number.
- No federal income tax was
taken out of your child's income under the backup withholding rules.
- You are the
parent whose return must be used when applying the special tax rules for
children. (See Which
Parent's Return To Use , earlier.
