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Where should this be reported and how to report that parent is cutodian?
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On the child's return. No indication that parent is custodian. Form 8615 needed.
In some situations, the parent can report it on their own return. Form 8814 needed.
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Thank you so much. It has been years since I had clients with really small children.
I knew that there was a special form but I could not remember what is was. Immediately after the really great answer it all came back to me . Thank you
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I do understand that but I have most of my clients for 25-30 years so many of their children are grown and are now becoming new clients.
Thank you for the input. I will keep that in mind as the kids children grow up.
Again
Thanks
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That is so true and I may be looking at that soon so your input was very valuable.
Thank you