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14990: 8615 - Filing Requirements and EF Message 5292


1040 Individual Generally

Who is required to file Form 8615? How do I clear EF Message 5292? 

According to Form 8615 Instructions, Form 8615 must be filed for any child who meets all of the following conditions:

1. The child had more than $2,200 of unearned income.
2.The child is required to file a tax return.
3.The child either:

a. Was under age 18 at the end of 20YY,
b. Was age 18 at the end of 20YY and did not have earned income that was more than half of the child's support, or
c. Was a full-time student at least age 19 and under age 24 at the end of 20YY and did not have earned income that was more than half of the child's support.

See Form 8615 Instructions for definitions of earned income, unearned income, and support.*

4. At least one of the child's parents was alive at the end of 20YY.
5. The child does not file a joint return for 20YY.

For these rules, the term “child” includes a legally adopted child and a stepchild. These rules apply whether or not the child is a dependent. These rules do not apply if neither of the child’s parents were living at the end of the year.

The parent may be able to elect to report the child's interest, ordinary dividends, and capital gain distributions on the parent's return. If the parent makes this election, the child will not have to file a return or Form 8615. However, the federal income tax on the child's income, including qualified dividends and capital gain distributions, may be higher if this election is made. For more details, see Form 8814, Parents' Election To Report Child's Interest and Dividends.

If the above conditions are met on a return, but screen 8615 has not been completed, EF Message 5292 will generate. To resolve, follow the applicable instructions: 

  • If both parents are deceased, Form 8615 is not required. To clear EF Message 5292, go to the MISC screen, located on the Miscellaneous tab of data entry and check the box Both parents deceased under Dependent filer special situation in the lower-left corner of the screen.

If one or more parent is living, complete screen 8615 for each living parent. Press Page Down to enter a second parent's name, SSN, and income information. For more information on this form, see Related Links below.

*Per the 8615 Instructions

  • "Unearned income includes taxable interest, ordinary dividends, capital gains (including capital gain distributions), rents, royalties, etc. It also includes taxable social security benefits, pension and annuity income, taxable scholarship and fellowship grants not reported on Form W-2, unemployment compensation, alimony, and income (other than earned income) received as the beneficiary of a trust."
  • "Earned income includes wages, tips, and other payments received for personal services performed."
  • "Your support includes all amounts spent to provide the child with food, lodging, clothing, education, medical and dental care, recreation, transportation, and similar necessities. To figure your child’s support, count support provided by you, your child, and others. However, a scholarship received by your child isn’t considered support if your child is a full-time student."

If a Wks 8615 is generating erroneously on a return, ensure that the date of birth for the taxpayer on federal screen 1 is entered and accurate. 

 


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