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February 10, 2025
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capital gains and dividends

  • February 10, 2025
  • 1 reply
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My daughter is a college student and she is going to file federal tax return with her W-2.  I am also claiming her as my dependent.

 

Her 2024 capital gains was less than $400, her 2024 dividends was less than $300, and her bank interest was less than $15.  Does she need to report those unearned income on her federal tax return?

Best answer by DoninGA

Yes, since she is completing a tax return she is required to report all income received.

1 reply

DoninGA
DoninGAAnswer
Employee
February 10, 2025

Yes, since she is completing a tax return she is required to report all income received.