jerryb282
Level 2
03-24-2021
12:44 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Tax client has 9 year old dependent child who received a 1099 with the following info:
Dividends = $700
Capital gains distribution = $30
Proceeds from sales of securities = $59,000
Cost of securities = $60,000
Short term loss = $1,000
Should I file a tax return for the child, include the info on parents return, or do nothing?
Labels