Get Irs 8814 2018

The IRS 8814 form allows parents to report their child's interest and dividends on their own tax return. This guide provides clear and supportive instructions for users, ensuring a seamless online experience when completing this form.

Follow the steps to accurately complete the IRS 8814 form online.

1. Click ‘Get Form’ button to obtain the form and open it in your preferred editing tool.
2. Enter the names of the parents as shown on the tax return at the top of the form. Ensure that the social security number provided is accurate.
3. Fill in the child’s name and social security number in the designated fields. Ensure that this information matches the documents for accuracy.
4. In Part I, report the child’s taxable interest income on line 1a and tax-exempt interest on line 1b. If the interest income differs from the amounts shown on the child's Forms 1099-INT, refer to the relevant instructions.
5. Report ordinary dividends on line 2a and qualified dividends on line 2b. Verify that the amounts are consistent with the child's investment records.
6. Report any capital gain distributions on line 3, ensuring that these amounts align with the child’s financial statements.
7. Complete line 4 by adding lines 1a, 2a, and 3. Determine if the total is $2,100 or less to proceed with the appropriate steps.
8. For line 5, enter the base amount applicable. Subtract this from line 4 and complete the calculations as instructed in the following lines.
9. If applicable, continue through lines 7 to 12, completing the required calculations based on the instructions provided within each line.
10. For Part II, calculate the tax based on the child's income reported. Determine which sections apply and enter the required amounts on lines 13 to 15.
11. After filling out the form completely, review all entries for accuracy. Save your changes, and you can choose to download, print, or share the completed form as needed.

Start filling out your IRS 8814 form online today for a smooth tax filing experience.