I'm working on my children's taxes (we have two, each files separately). In the 8615 worksheet I'm begin asked for information from the other child's Form 4952, however there is no 4952 in either child's workbook.
Any idea what I should do here?
Form 4952 is for claiming an Investment Interest Expense Deduction.
If your child is not claiming this expense and does not have a Form 4952 in their return, you should be able to leave this blank.
Click this link for more info on Form 4952 Investment Interest Expense.
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