You'll need to sign in or create an account to connect with an expert.
yes you file on your taxes? Do you file the dependent child's k1 on your taxes as though it is your k1?
It depends on a few different factors as to how your child's investment income will be reported.
TurboTax will help you figure out how to best report this income:
For more information, see this Help Article: How do I report my child's investment income in 2020?
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
sunnyguy
Level 1
chenjing
New Member
MojoMom777
Level 3
PerpetuallyConfused
Level 2
NJ-Tax-Question
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.