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June 4, 2019
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Dependent child under age 18 has capital gains and interest only income of $664. does it need to be reported? no tax paid so does he have to file a return?

  • June 4, 2019
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Best answer by MinhT1

Children do not need to report unearned income of less than $1,050.  Your child does not need to file a tax return.

1 reply

MinhT1Answer
June 4, 2019

Children do not need to report unearned income of less than $1,050.  Your child does not need to file a tax return.

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