Forms 8615 or 8814 - Children Investment Income aka Kiddie Tax
1
If your child has interest, dividends, or other unearned income, you must decide whether to file Form 8814, Parents' Election To Report Child's Interest and Dividends, with the parents' return or Form 8615, Tax for Certain Children Who Have Unearned Income, with the child's return. See the Instructions for Form 8814 and Instructions for Form 8615 for more information about each form. Once you have determined which form to file, follow the steps below.
Form 8814
Online
Dashboard
From within your TaxAct return, click Taxes & Miscellaneous.
On smaller devices, click the menu at the top left corner of your screen, then make your selection.
Click the Other Tax Forms drop-down.
Click Add beside Child's Interest & Dividends.
Complete the rest of the interview process.
Classic
From within your TaxAct return, click Federal.
On smaller devices, click the menu at the top left corner of your screen, then make your selection.
Click the Taxes drop-down, then click Child's interest and dividend income on your return.
Complete the rest of the interview process.
Desktop
From within your TaxAct return, click Federal.
Click the Taxes drop-down, then click Child's interest and dividend income on your return.
Complete the rest of the interview process.
Form 8615
Online
Dashboard
From within your child’s TaxAct return, click Taxes & Miscellaneous.
On smaller devices, click the menu at the top left corner of your screen, then make your selection.
Click the Additional Tax Payments drop-down.
Click Add beside Child's Unearned Income Tax.
Complete the rest of the interview process.
Classic
From within your child’s TaxAct return, click Federal.
On smaller devices, click the menu at the top left corner of your screen, then make your selection.
Click the Taxes drop-down, then click Tax on child's unearned income.
Complete the rest of the interview process.
Desktop
From within your child’s TaxAct return, click Federal.
Click the Taxes drop-down, then click Tax on child's unearned income.
Complete the rest of the interview process.
Your request has been submitted
You have been successfully added to the TaxAct Do Not Sell list.