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Level 1
June 4, 2019
Question

What is this form 8615

didn't have to do this last year, and can't seem to get around it. its asking for information of my parents which i don't have

1 reply

June 4, 2019

For children under age 18 and certain older children, unearned income over $2,100 is taxed at the parent's rate if the parent's rate is higher than the child's. If the child's unearned income is more than $2,100, Form 8615 is used to figure the child's tax.

Apparently you have sufficient unearned income (interest, dividends, etc) to require you to complete this form for 2016.