Figure 31-B. Do You Have To Use Form 8615 To Figure Your Child's Tax?

Summary: This flowchart is used to determine if you have to use Form 8615 to figure your child's tax.

Start

This is the starting of the flowchart.

Decision (1)

Was the child under age 18 at the end of 2007?

Decision (2)

Is the child required to file a tax return for 2007?

Decision (3)

Was the child's investment income more than $1,700?

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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