How to report a minor child that received a distribution form 1099-R for $20000 box 7 with code 4 ?

[Boskele]

need help!

[rbynaker · Accepted solution]

Report it on the child's 1040.  Subject to kiddie tax and/or AMT.

With that much income, I'd also be asking some hard questions about support and probably require a support worksheet.

Rick