F
familygg
Guest
I was trying to prepare taxes for me and wife. Our son (5 years old) had about $300 in capital gains distributions from mutual funds and $700 dollars in capital gains from the sale of a mutual fund (reported in a form 1099-b). I am not sure where on our tax return we put the capital gains from the sale of his mutual funds? The forms only appear have capital gains distribution from a from 1099-div.
Do I have to do a separate return for my son? Is that advisable?
Does anyone have any answers.
Do I have to do a separate return for my son? Is that advisable?
Does anyone have any answers.