fredazcpa Posted February 27, 2016 Report Share Posted February 27, 2016 clients daughter has a 1099B with capital gain and divided income at $4k, also has a son with the same 1099B, the Uniform gift to minors accounts my client is claiming son as depentednt, ex is claiming daughter. both children reside with mom and the splitting of the children is my agreement between the parties. who's income do I use for the daughter's 8615 (kiddie tax), mom as the custodial parent or the ex ? Mom and new husband are my client, no information about the ex thanks Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted February 28, 2016 Report Share Posted February 28, 2016 I believe it's always the custodial parent because it will likely be impossible to get the ex's 1040. 2 Quote Link to comment Share on other sites More sharing options...
fredazcpa Posted February 28, 2016 Author Report Share Posted February 28, 2016 Thank you, that was what I was thinking but could not find anything that address it, of course I am sure I did not look in the right spot thanks again Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.