Get the free 1998 Parent's Election to Report Childs's Interest and Dividends. Forms
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To make the election, complete and attach Form(s) 8814 ... Had no estimated tax payments for 1998 ... Child's Interest and Dividends To Report on Your Return.
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What is parents election to report?
Parents election to report is an option for parents to include their child's income on their tax return.
Who is required to file parents election to report?
Parents or legal guardians of a child under the age of 19 or a full-time student under the age of 24 are required to file parents election to report if they choose to include the child's income on their tax return.
How to fill out parents election to report?
Parents can fill out parents election to report by completing Form 8814 and attaching it to their tax return.
What is the purpose of parents election to report?
The purpose of parents election to report is to simplify the reporting of a child's income on the parent's tax return.
What information must be reported on parents election to report?
Parents must report the child's income, such as wages, interest, and dividends, on parents election to report.
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