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R
rafisher
April 12, 2023
Question

Anyone gift and invest money for grandchildren using the grandparent's SS#? How did you enter the dividend & interest earned or the losses on sale of stock?

  • April 12, 2023
  • 1 reply
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    1 reply

    M
    MinhT1
    April 12, 2023

    If the gifted money is invested under the grandparent's name and SSN, then the interest, dividends and stock gains/losses have to be reported by the grandparent on their tax return.

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