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03-01-2008, 11:20 AM
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#1
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Tax Question - child's investment income
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Mommysavers Goddess
Last Online: 11-17-2008 12:47 AM
Join Date: Sep 2006
Posts: 1,006
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Last year, my 16 yo made enough in his investments to have to file a fed tax form.
He's over $850, but less than $1700.
We use TT and do not want to report his income with our tax return.
What is the best option to file for him? Can he file for free on the irs website? I'm guessing he has to file a state form as well...
TIA!
__________________
SAHM of 4
August food budget (groceries/take-out): $500.00/$75.00
Total spent: $238.97/$14.12
July budget/spent: $500.00/$650.00
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