If I transfer UCCB to my 2 yr old who is my "equivalent to spouse", do I now have to file a tax rtn for my 2 yr old since she will have an "income" from the transfer?

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1 Best answer

New Member

Oct 30, 2019 1:41:37 AM

No as you will complete schedule 5 with your dependant's information on it.

He/she will only need to complete a return if they need to get taxed as what is referred to as the kiddie tax. However, I highly doubt that this applies in your case.

More information for the kiddie tax is on the link below:

https://ttlc.intuit.com/questions/1900671-what-is-the-kiddie-tax

New Member

Oct 30, 2019 1:41:37 AM

No as you will complete schedule 5 with your dependant's information on it.

He/she will only need to complete a return if they need to get taxed as what is referred to as the kiddie tax. However, I highly doubt that this applies in your case.

More information for the kiddie tax is on the link below:

https://ttlc.intuit.com/questions/1900671-what-is-the-kiddie-tax

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If I transfer UCCB to my 2 yr old who is my "equivalent to spouse", do I now have to file a tax rtn for my 2 yr old since she will have an "income" from the transfer?