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michelle-redick
March 11, 2022
Question

I have 1099-int forms for my children's bank accounts. Do I enter their interest income on my taxes? All three kids have less than $100 for their interest income.

  • March 11, 2022
  • 1 reply
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1 reply

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xmasbaby0
Employee
March 11, 2022

No you do not add your children's interest to your tax return, nor do they have to put it on a tax return if that was their only income.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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