What amount of investment income is taxed on my sons investment? He only had investment income of $200.00 in 2012.

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If you claim it on your return, the first $1,900 of your son's investment income is tax exempt.

You should input his income this form - www.irs.gov/pub/irs-pdf/f8814.pdf

Chuck Heyde
www.GEMMS.us

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What amount of investment income is taxed on my sons investment? He only had investment income of $200.00 in 2012.

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What amount of investment income is taxed on my sons investment? He only had investment income of $200.00 in 2012.

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