2.不必须要用在education上，正常报1099int 就行。用在education是为了免税，但是有条件，私校给的1098T当证据留着吧。 Education exclusion and qualified expenses Interest earned on I bonds can be excluded from federal taxes when used for qualified education expenses paid for the taxpayer, a spouse, or a dependent at a postsecondary educational institution. The exclusion is calculated as a pro rata amount of qualified education expenses divided by the redemption proceeds. For example, if the proceeds from an I bond are redeemed for $12,000 ($6,000 principal and $6,000 interest) and the qualified education expenses are $9,000, then the exclusion of interest is $4,500 ([$9,000 ÷ $12,000] × $6,000). Interest earnings cannot be excluded for qualified expenses paid by scholarships or other grants. The exclusion can be claimed using Form 8115, Exclusion of Interest From Series EE and I U.S. Savings Bonds Issued After 1989, which is filed with Form 1040, U.S. Individual Income Tax Return. Qualified education expenses include tuition and fees paid in the year of redemption. Room, board, and books do not qualify. Stipulations apply To be eligible for the education exclusion, the bond must have been issued to the owner after the owner reached age 24. Income limitations also apply, with a modified adjusted gross income phaseout threshold of $128,650 and a ceiling of $158,650 (as adjusted for inflation for tax years beginning in 2022) for married taxpayers filing jointly and a threshold of $85,800 and a ceiling of $100,800 for all other returns. The exclusion is not available for married taxpayers filing separately. If the student was gifted the I bonds or the bonds were purchased in the student’s name before the student reached age 24, the exclusion is not available.
same question. Does this mean parents and kids will need file separate returns? In this case, if kids interest income is less than 1250 in the tax year, they do not need to pay tax?
newlife2007 发表于 2024-03-19 14:21 same question. Does this mean parents and kids will need file separate returns? In this case, if kids interest income is less than 1250 in the tax year, they do not need to pay tax?
有几个问题请教： 1. 现在准备报税用的Turbo Tax，大人的好办，利息就是普通利息输入算income.
2. 孩子的两年共两万，查了下， 利息可以放在孩子名下，孩子每年有$1250 利息收入的免税额。 有两种报税办法： 1）每年报利息，没有cash 出来也可以报，这个的好处是可以利用每年的$1250 免税额。（这个我已经来不及了，因为2022 没报，只能放在去年2023 一起报了。） 2）Cash 取回的时候报所有的利息。 现在我就是这么填的。需要交税，不过税率比我们的低。
3. 孩子的2万ibond 是cash 到我的account 上，因为他太小没有帐户。 查了下这个是允许的。 但是IRS 说这个钱要用在孩子教育上面，这个我们也应该符合要求，用这个钱交了他的中学（私校）的学费。 现在的问题是： 我需要报这个2万在什么地方吗？ 我没找到。 还是不用管，如果IRS audit 了能提供证明是用在孩子教育上就行？ 请教大家我的理解对吗？ 还有第三个问题怎么办？谢谢！
2.不必须要用在education上，正常报1099int 就行。用在education是为了免税，但是有条件，私校给的1098T当证据留着吧。
Education exclusion and qualified expenses Interest earned on I bonds can be excluded from federal taxes when used for qualified education expenses paid for the taxpayer, a spouse, or a dependent at a postsecondary educational institution. The exclusion is calculated as a pro rata amount of qualified education expenses divided by the redemption proceeds. For example, if the proceeds from an I bond are redeemed for $12,000 ($6,000 principal and $6,000 interest) and the qualified education expenses are $9,000, then the exclusion of interest is $4,500 ([$9,000 ÷ $12,000] × $6,000). Interest earnings cannot be excluded for qualified expenses paid by scholarships or other grants. The exclusion can be claimed using Form 8115, Exclusion of Interest From Series EE and I U.S. Savings Bonds Issued After 1989, which is filed with Form 1040, U.S. Individual Income Tax Return. Qualified education expenses include tuition and fees paid in the year of redemption. Room, board, and books do not qualify. Stipulations apply To be eligible for the education exclusion, the bond must have been issued to the owner after the owner reached age 24. Income limitations also apply, with a modified adjusted gross income phaseout threshold of $128,650 and a ceiling of $158,650 (as adjusted for inflation for tax years beginning in 2022) for married taxpayers filing jointly and a threshold of $85,800 and a ceiling of $100,800 for all other returns. The exclusion is not available for married taxpayers filing separately. If the student was gifted the I bonds or the bonds were purchased in the student’s name before the student reached age 24, the exclusion is not available.
我的问题是： 如果把孩子名下的2万redeem 后转回到我的account 下面，这个会算我的income 收入吗？ 如果是用在孩子的教育有关的上面（私校学费或者补习班），就不算我的收入， 那我需要在报税时填什么表吗？
Mark
Mark
但是有一点还是不很清楚： 到底哪些开支算“specifically benefit the child”？
小孩子可以开utma account
需要填，注意是填在孩子名下，只是不需要交税。
谢谢，那太好了，只是利息的话没多少。
怎么填孩子名下？要用孩子的名字单独报税吗？
same question.
Does this mean parents and kids will need file separate returns? In this case, if kids interest income is less than 1250 in the tax year, they do not need to pay tax?
父母报税时有一个表是给孩子的这种收入用的， 不需要给孩子单独报，还是跟父母一起，只是单独列出来，税率不同。
如果是用 Turbo Tax 的话， 在"Less Common Income" 里面 -》 “Child‘s Income (under Age 24)
看上面的回答。
我研究出来也是，不足2500的用8814表就行。
Mark