What child income can I elect to report on my return?

To qualify to report your child's investment income on your return using Form 8814, your child's income must be less than $13,500 and only be from:

• Interest
• Dividends
• Capital Gains
• Alaska Permanent Fund Dividends

Your child must file their own return if:

• They are over age 18 (over age 23 if a full-time student)
• They file a joint return for 2025
• The child made estimated tax payments for 2025 (including any refund applied to this year's tax from their 2024 tax return)
• They had any federal income tax withheld

If your child needs to file their own return, they may need to file Form 8615. We can help file this form on your child's FreeTaxUSA account.