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March 13, 2025
Question

15 year old 1099 interest income on treasury bond

  • March 13, 2025
  • 1 reply
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hello, 

I have my kids 11 and 15 year old have 1099 interest income less that $1300.Do I have to report  into turbo tax interest income under mine Joint return? if I have to then how should I report it

1 reply

March 13, 2025

No, since the kids interest income is less than $1,300 you do not need to file a return to report it or include it on your return. 

 

Tax Filing Requirements for Children

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