Level 15
01-25-2023
11:01 AM
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Sounds like the money is in an account in the kids name/SSN, not the name of the estate so no 1041 would be needed.
I dont see it often, so you'll have to look it up, as to how much unearned income a child can earn and report on the parents return, or whether they need to file their own return for it.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪