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Old 04-12-2013, 03:18 PM
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Join Date: Mar 2013
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Do I need to report interest income from my daughter's bank account

Hi,

I opened a saving account for my daughter and I am as the custody for the account. I received a form 1099-INT showing $100.66 in 2012. Do I need to report this income on my tax return?

thanks,
Jen



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