Should I include my child's income on my tax return?
Don't include any of your child's income on your tax return. If your child has wages, social security benefits, interest income, dividend income, capital gains or any other type of income, your child may need to file their own tax return.
If your child has a W-2 with federal or state tax withheld, you probably want to file a tax return for your child in order to get the withholdings back as a refund. If your child doesn't have a W-2, their income is probably low enough that they don't need to file a tax return. If your child's income is high enough that they are required to file a tax return, they will need to file a separate tax return from your own.
In a few rare instances, you may qualify to report your child's income on your return. To see if you qualify, go to Child Investment Income in the Uncommon Income section of the software.
You can claim your child as a dependent on your tax return if you are eligible, even if your child is filing their own tax return.
If your child has a W-2 with federal or state tax withheld, you probably want to file a tax return for your child in order to get the withholdings back as a refund. If your child doesn't have a W-2, their income is probably low enough that they don't need to file a tax return. If your child's income is high enough that they are required to file a tax return, they will need to file a separate tax return from your own.
In a few rare instances, you may qualify to report your child's income on your return. To see if you qualify, go to Child Investment Income in the Uncommon Income section of the software.
You can claim your child as a dependent on your tax return if you are eligible, even if your child is filing their own tax return.
