Peter, thanks for your reply. I obviously have a lot more to learn on this subject...Raise them well. I certainly hope we have done what we could so far. She is in a gifted child middle school and her dream is to be a kids' doctor. That money we saved so far may not be enough by the time she turns 18 ready for college. I'd hazard a guess that you are not reporting their income correctly on your return - using form 8814 - and taking advantage of their standard deduction and a little bit of the 10% tax bracket I didn't. I have been using TurboTax and did not even know where to trigger 8814 form from their interview style of question/answer user interface. I will need to go back and review and see if it would make sense to do admendments.One more question: for this coming tax return, if I file 2 more separate returns; one for each child, do I still claim them as my dependents on my return?Thanksjh
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