Question: How Do I File a Kiddie Tax Return to Report Kiddie Taxes?
The kiddie tax applies when children earn more than $1,900 on their interest plus dividends plus other investment income. If children earn more than that, part of their income will be taxed at the parent's tax rate instead of the child's tax rate.
Answer: You have the two options to file a kiddie tax return. To report the kiddie tax, file a traditional tax return and attach one of the following forms:
- Form 8615. Use the form 8615 when your child files their own tax return.
- Form 8814. Use the form 8814 to report your child's income on your tax return.
