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.== == ==Generally, it is best to do a separate return for the child in those states where the child's income alone is below that state's filing limit. In such a case, you avoid paying state taxes on the child's income.Just an observation.--BigBunk
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