Personal Finance & Money Asked on January 19, 2021
Both my children (1 & 4) received a 1099-MISC for unearned income ($922) from our tribe’s gambling profits. Do they need to be report?
The form 1040 instructions has a section called Do you have to file?
Chart B will apply to your kids, and you will see that they do not need to file because their unearned income was less than $1100.
Answered by Ben Miller - Remember Monica on January 19, 2021
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