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    #1

    Child under 18

    Have a child under 18 that earned $1288 on her investments, and I could report on form 8814.

    Question, I have foreign taxes paid on this account.

    Does this mean I have to file the childs return to claim the foreign tax credit?

    Sandy
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    #2
    Yes.

    Yes, in order to claim FTC, child must file their own return.

    Bill

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      #3
      Child under 18

      Wouldn't you always WANT to file the child's return so that you could utilize the standard deduction?

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