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Caution. The federal income tax on your child’s income, including qualified dividends and capital gain distributions, may be less
if you file a separate tax return for the child instead of making this election. This is because you cannot take certain tax benefits
that your child could take on his or her own return. For details, see Tax benefits you may not take on page 2.
A Child’s name (first, initial, and last) B Child’s social security number
1a Enter your child’s taxable interest. If this amount is different from the amounts shown on the
child’s Forms 1099-INT and 1099-OID, see the instructions 1a
2 Enter your child’s ordinary dividends, including any Alaska Permanent Fund dividends. If your
child received any ordinary dividends as a nominee, see the instructions 2
3 Enter your child’s capital gain distributions. If your child received any capital gain distributions
as a nominee, see the instructions 3
4 Add lines 1a, 2, and 3. If the total is $1,600 or less, skip lines 5 and 6 and go to line 7. If the
total is $8,000 or more, do not file this form. Your child must file his or her own return to report
the income 4
6 Subtract line 5 from line 4. See the instructions for where to report this amount. Go to line 7
below 䊳 6
Part II Tax on the First $1,600 of Child’s Interest and Dividends
8 Subtract line 7 from line 4. If the result is zero or less, enter -0- 8
其
9 Tax. Is the amount on line 8 less than $800?
No. Enter $80 here and see the Note below. 9
Yes. Multiply line 8 by 10% (.10). Enter the result here and see the Note below.
Note. If you checked the box on line C above, see the instructions. Otherwise, include the amount from line 9 in the tax you enter
on Form 1040, line 44, or Form 1040NR, line 41. Be sure to check box a on Form 1040, line 44, or Form 1040NR, line 41.
For Paperwork Reduction Act Notice, see page 3. Cat. No. 10750J Form 8814 (2005)
3
I.R.S. SPECIFICATIONS TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 8814, PAGE 2 of 4
MARGINS: TOP 13mm (1⁄2 "), CENTER SIDES. PRINTS: HEAD to HEAD
PAPER: WHITE, WRITING, SUB. 20 ^INK: BLACK
FLAT SIZE: 216mm (81⁄2 ") 279mm (11")
PERFORATE: (NONE)
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT
Line 3. Enter the capital gain If any of the child’s capital gain ensure that you are complying with
distributions received by your child in distributions were reported on Form these laws and to allow us to figure and
2005. Capital gain distributions should 1099-DIV as unrecaptured section 1250 collect the right amount of tax.
be shown in box 2a of Form 1099-DIV. gain, section 1202 gain, or collectibles You are not required to provide the
If your child received, as a nominee, (28%) gain, see Pub. 929 for details on information requested on a form that is
capital gain distributions that actually the amount to report on Schedule D. subject to the Paperwork Reduction Act
belong to another person, enter the Include the amount from Form 8814, unless the form displays a valid OMB
amount and “ND” on the dotted line next line 6, in the total on Form 1040, line 21, control number. Books or records
to line 3. Do not include amounts or Form 1040NR, line 21, whichever relating to a form or its instructions must
received as a nominee in the total for applies. Enter “Form 8814” and the be retained as long as their contents
line 3. amount in the space next to line 21. If may become material in the
Line 6. If qualified dividends are you checked the box on line C, add the administration of any Internal Revenue
included in the amount on line 2 or if amounts from line 6 of all your Forms law. Generally, tax returns and return
you entered an amount on line 3, use 8814. Enter “Form 8814” and the total of information are confidential, as required
the worksheet below to figure the the line 6 amounts in the space next to by Internal Revenue Code section 6103.
amount to enter on line 6 and the line 21. The average time and expenses
amount to add to your income as: Line 9. If you checked the box on line required to complete and file this form
● Qualified dividends on Form 1040, lines C, add the amounts from line 9 of all will vary depending on individual
9a and 9b, or Form 1040NR, lines 10a and your Forms 8814. Include the total on circumstances. For the estimated
10b, or Form 1040, line 44, or Form 1040NR, averages, see the instructions for your
line 41. Be sure to check box a on that income tax return.
● Capital gain distributions on Schedule
D, line 13 or, if you are not required to file line. If you have suggestions for making
Schedule D, on Form 1040, line 13, or this form simpler, we would be happy to
Form 1040NR, line 14. Paperwork Reduction Act Notice. We hear from you. See the instructions for
ask for the information on this form to your income tax return.
The worksheet is needed to divide the
carry out the Internal Revenue laws of
$1,600 base amount on line 5 among
the United States. You are required to
your child’s qualified dividends, capital
give us the information. We need it to
gain distributions, and other interest and
dividend income.