Do I need to report my child's interest from a 1099-INT, I received if they are under 18 years ago if they were setup under my account? The 1099-INT has their names on it

If your children received more than $1,250 in investment income (interest and dividends) each, they are required to file a tax return. If interest and dividends are all the income that your children received, you can report their income on your tax return using Form 8814 instead of completing separate tax returns. If you elect to report their income on your tax return, you may end up paying higher taxes.

For more information, review Tax Filing Requirements for Children  and At What Income Does a Minor Have to File an Income Tax Return?

If you choose to add your children's income to your tax return, follow the steps below:

1. Open TurboTax
2. Select Federal from the menu
3. Select Wages & Income
4. Scroll down to Less Common Income and select the down arrow
5. Scroll down to Child's Income (under Age 24) and select Start
6. Follow the prompts to enter your child's income

If you decide to file separate tax returns for each of your children, review the TurboTax Help article How many times can I e-file using TurboTax Online?