can i still file or my childs return if they are under the 14,600 limit?

mcnuggets
mcnuggets Member Posts: 1 Newcomer
edited April 11 in Filing my taxes

i unfortunately submitted my joint return without including my child's small investment income on my return. they did have to file last year… can i still push through their individual return or do i have to amend my return to include their ~3.5k in -div and cap gains?

I am trying to go through a new return for her but it is asking for sibling data, (she has a sister) but i can not get sibling data from sibling 1040 unitl one of them is complete… this seems like an endless loop, as i can't get data until one is complete

Thanks!

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  • KeriC
    KeriC FreeTaxUSA Agent Posts: 218

    @mcnuggets
    You can either amend your return to include your child’s unearned investment income or file a separate return for your child—both options are acceptable.

    Even if your child’s income is below the standard deduction, a return can still be filed. In this case, their investment income is high enough that it does need to be reported.

    For more information, please see: https://www.irs.gov/taxtopics/tc553

    When entering your child’s return information, the software shouldn’t ask for a sibling’s details. If you encounter anything unusual or it seems to be looping, please contact Support through your account so they can help troubleshoot the issue.

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