As for the 8615, that applies only if the child's income is to be taxed at the parent's rate. I seem to recall that wasn't an issue in this case.The sale of stock, bond or mutual fund with a cap gain implies cannot use 8814. You have to use 8615.8814: can use if income only from interest and dividends. Or capital gains distributions8615: Use if you had capital gains from sale of stocks, bonds or mutual funds.I only know this because this is the situation I am in.
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