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Learn more about reporting your child's interest and dividends on your tax return using IRS Form 8814 in our article: https://www.teachmepersonalfinance.co...

Purpose of Form
Use this form if you elect to report your child’s income on your return.
If you do, your child will not have to file a return. You can make this
election if your child meets all of the following conditions.
• The child was under age 19 (or under age 24 if a fulltime student)
at the end of 2022. "Student" is defined below.
• The child’s only income was from interest and dividends,
including capital gain distributions and Alaska Permanent Fund
dividends.
• The child’s gross income for 2022 was less than $11,500.
• The child is required to file a 2022 return.
• The child does not file a joint return for 2022.
• There were no estimated tax payments for the child for 2022
(including any overpayment of tax from his or her 2021 return
applied to 2022 estimated tax).
• There was no federal income tax withheld from the child’s
income.
You must also qualify. See Parents who qualify to make the
election below.
Note. The amounts at $1,150 and below are not taxed when using
this election. See Rate may be higher for more information.