| Pub. 929, Tax Rules for Children and Dependents |
2006 Tax Year |
This is archived information that pertains only to the 2006 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.
Figure 2. Do You Have To Use Form 8615 To Figure Your Child's Tax? Summary: This flowchart aids in deciding whether Form 8615 is needed to figure a child's tax.Start. This is the starting of the flowchart.Decision (1). Was the child under age 14 at the end of 2005?
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IF Yes Continue To Decision (2)
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IF No Continue To Process (a)
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Decision (2). Is the child required to file a tax return for 2005?
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IF Yes Continue To Decision (3)
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IF No Continue To Process (a)
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Decision (3). Was the child's investment income more than $1,600?
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IF Yes Continue To Process (b)
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IF No Continue To Process (a)
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Process (a). Do not use Form 8615 to figure the child's tax.
Process (b). Use Form 8615 to figure the child's tax. Attach it to the child's return.Note: If the child's parent (see Footnote) chooses
to report the child's income by filing Form 8814, the child is not required to file a tax
return. Do not use Form 8615 (See Parent's Election To Report Child's Interest and Dividends.)Footnote: See Which Parent's
Return To Use
End. This is the ending of the flowchart.
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