tax filing for minor dependents
Our kids had unearned income more than $1350 (dividends, short and long term capital gains). Since they need to file a tax return, what is the better approach? A) to file an extension for them and include them in our (parents) filing with form 8814? or B) just separately file it now? @Ryan Bakke, CPA @Mason Kimball, CPA @Kevin Medina, CPA, MBA