from chatgpt Who Pays the Tax? If the child’s total unearned income (including bond interest) is under $1,300 (for 2024): No tax is due, and they may not need to file a return. If the child’s total unearned income is between $1,300 and $15,700 (for 2024): The interest must be reported on the child’s tax return, but the "kiddie tax" rules may apply (some of it taxed at the parents' rate). If the child’s unearned income is over $15,700: The interest is fully taxed at the parents' rate. Tax Filing Options File a Return for the Child (Form 1040) Report the interest income on Schedule B if necessary. If the "kiddie tax" applies, file Form 8615 to calculate the tax at the parent's rate. Include the Interest on the Parent’s Return (Form 8814) If the child's interest and dividends are less than $12,500, you can report it on your own return instead. This might be simpler, but it could increase your tax liability. Special Considerations Education Exclusion: If the bond proceeds were used for higher education expenses, you may be able to exclude the interest from taxable income (using Form 8815). Tax-Free Threshold: If the child’s total income is low enough, no tax may be due at all.
eileenby 发表于 2025-03-29 15:56 from chatgpt Who Pays the Tax? If the child’s total unearned income (including bond interest) is under $1,300 (for 2024): No tax is due, and they may not need to file a return. If the child’s total unearned income is between $1,300 and $15,700 (for 2024): The interest must be reported on the child’s tax return, but the "kiddie tax" rules may apply (some of it taxed at the parents' rate). If the child’s unearned income is over $15,700: The interest is fully taxed at the parents' rate. Tax Filing Options File a Return for the Child (Form 1040) Report the interest income on Schedule B if necessary. If the "kiddie tax" applies, file Form 8615 to calculate the tax at the parent's rate. Include the Interest on the Parent’s Return (Form 8814) If the child's interest and dividends are less than $12,500, you can report it on your own return instead. This might be simpler, but it could increase your tax liability. Special Considerations Education Exclusion: If the bond proceeds were used for higher education expenses, you may be able to exclude the interest from taxable income (using Form 8815). Tax-Free Threshold: If the child’s total income is low enough, no tax may be due at all.
eileenby 发表于 2025-03-29 15:56 from chatgpt Who Pays the Tax? If the child’s total unearned income (including bond interest) is under $1,300 (for 2024): No tax is due, and they may not need to file a return. If the child’s total unearned income is between $1,300 and $15,700 (for 2024): The interest must be reported on the child’s tax return, but the "kiddie tax" rules may apply (some of it taxed at the parents' rate). If the child’s unearned income is over $15,700: The interest is fully taxed at the parents' rate. Tax Filing Options File a Return for the Child (Form 1040) Report the interest income on Schedule B if necessary. If the "kiddie tax" applies, file Form 8615 to calculate the tax at the parent's rate. Include the Interest on the Parent’s Return (Form 8814) If the child's interest and dividends are less than $12,500, you can report it on your own return instead. This might be simpler, but it could increase your tax liability. Special Considerations Education Exclusion: If the bond proceeds were used for higher education expenses, you may be able to exclude the interest from taxable income (using Form 8815). Tax-Free Threshold: If the child’s total income is low enough, no tax may be due at all.
家长一起报，用8814表，但我有几次没用8814表，而是直接放到我的利息收入来报税，也没有问题。
如果孩子单独报，可以省一些钱， 走kiddie tax。为了方便，就大人一起报。另外你孩子是1000一下，可能不交税的，不用报税？
income summary-->less common income-->child's income
Who Pays the Tax? If the child’s total unearned income (including bond interest) is under $1,300 (for 2024): No tax is due, and they may not need to file a return.
If the child’s total unearned income is between $1,300 and $15,700 (for 2024): The interest must be reported on the child’s tax return, but the "kiddie tax" rules may apply (some of it taxed at the parents' rate).
If the child’s unearned income is over $15,700: The interest is fully taxed at the parents' rate.
Tax Filing Options File a Return for the Child (Form 1040)
Report the interest income on Schedule B if necessary.
If the "kiddie tax" applies, file Form 8615 to calculate the tax at the parent's rate.
Include the Interest on the Parent’s Return (Form 8814)
If the child's interest and dividends are less than $12,500, you can report it on your own return instead.
This might be simpler, but it could increase your tax liability.
Special Considerations Education Exclusion: If the bond proceeds were used for higher education expenses, you may be able to exclude the interest from taxable income (using Form 8815).
Tax-Free Threshold: If the child’s total income is low enough, no tax may be due at all.
小孩的利息放到你的利息收入一起报税肯定多交了税，不过利息不多的话，没多交多少。
ai错了。 1300不交税，1300到2600，孩子的税率，2600以上用家长的税率。
是的。再报一份税还要花钱呢，钱少没差多少。
请大家不要太相信chatgpt。我问ibond用于交学费的报税，给我错误的答案。后来还是我去找irs的form，手动填了一遍，才确认chatgpt是错的，turbo tax是对的，浪费我时间。
我的理解是不用给这笔收入报税，如果你的孩子只有这笔收入的话。
复杂。
我也谢谢lz