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Level 1
posted Mar 28, 2021 8:17:19 AM

Why can I not find out how to access the answer to my question on Other Child's capital gains and Parent's investments. All I got was an answerxchange code #985992 with no way to simply access the answer.

See my "subject"

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1 Replies
Expert Alumni
Mar 28, 2021 8:55:56 AM

If you are referring to your question about whether or not you can leave the question blank, the answer is yes.

 

When completing the interview regarding the "Kiddie Tax," not all sections will apply to your situation. It is best to leave the parts that are not applicable blank. 

 

For more information, see: 

How do I report and pay the Kiddie Tax on my 2020 return?

Topic No. 553 Tax on a Child's Investment and Other Unearned Income (Kiddie Tax) | Internal Revenue Service

 

@6556-4571JBG