Parents ’     Election To Report                                         OMB No. 1545-0074
Form 8814                                      Child’   s Interest and Dividends
Department of the Treasury                  ▶ Go to www.irs.gov/Form8814 for the latest information.                     2021
                                                                                                                         Attachment   
Internal Revenue Service (99)                ▶ Attach to parents ’Form 1040, 1040-SR, or 1040-NR.                        Sequence No.40
Name(s) shown on your return                                                                                Your social security number

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 cannot take in the instructions. 
A   Child’s name (first, initial, and last)                                                                 B   Child’s social security number 

C   If more than one Form 8814 is attached, check here       .    .    . .  .     . . . .  . .  .    . .  . . .     . .  . . .  ▶

Part I      Child’s Interest and Dividends To Report on Your Return 
1 a      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 
 b       Enter your child’s tax-exempt interest. Do not include this amount on line 1a       1b 
2 a      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 .       . . .  . .  .    . .  . . .       2a 
 b       Enter your child’s qualified dividends included on line 2a. See the instructions    2b 
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, 2a, and 3. If the total is $2,200 or less, skip lines 5 through 12 and go to line 13. If the
         total is $11,000 or more, do not   file this form. Your child must file his or her own return to report the
         income    .        . . . . .   . .  . . .    .  . . .    .    . .  .     . . . .  . .  .    . .  . . .       4 
5        Base amount. Enter 2,200  .      .  . . .    .  . . .    .    . .  .     . . . .  . .  .    . .  . . .       5 
6        Subtract line 5 from line 4    . .  . . .    .  . . .    .    . .  .     . . . .  . .  .    . .  . . .       6 
         If both lines 2b and 3 are zero or blank, skip lines 7 through 10, enter -0- on line 11, and go to
         line 12. Otherwise, go to line 7. 
7        Divide line 2b by line 4. Enter the result as a decimal (rounded to at least three 
         places) . .        . . . . .   . .  . . .    .  . . .    .    . .  .     . . . .    7              .
8        Divide line 3 by line 4. Enter the result as a decimal (rounded to at least three 
         places) . .        . . . . .   . .  . . .    .  . . .    .    . .  .     . . . .    8              .
9        Multiply line 6 by line 7. Enter the result here. See the instructions for where to 
         report this amount on your return  .  . .    .  . . .    .    . .  .     . . . .    9 
10       Multiply line 6 by line 8. Enter the result here. See the instructions for where to 
         report this amount on your return  .  . .    .  . . .    .    . .  .     . . . .    10 
11       Add lines 9 and 10  .    . .   . .  . . .    .  . . .    .    . .  .     . . . .  . .  .    . .  . . .       11 
12       Subtract line 11 from line 6. Include this amount in the total on Schedule 1 (Form 1040), line 8z. In the
         space next to that line, enter “Form 8814” and show the amount. If you checked the box on line C 
         above, see the instructions. Go to line 13 below  . .    .    . .  .     . . . .  . .  .    . .  . . .       12 
Part II     Tax on the First $2,200 of Child’s Interest and Dividends 
13       Amount not taxed. Enter 1,100  .    . . .    .  . . .    .    . .  .     . . . .  . .  .    . .  . . .       13 
14       Subtract line 13 from line 4. If the result is zero or less, enter -0- . . . . .  . .  .    . .  . . .       14 
15       Tax.  Is the amount on line 14 less than $1,100? 
            No.  Enter $110 here and see the Note below.                                               .  . . .       15 
            Yes. Multiply line 14 by 10% (0.10). 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 15 in the tax you enter on 
Form 1040,1040-SR, or 1040-NR, line 16. Be sure to check box 1 on Form 1040, 1040-SR, or 1040-NR, line 16.
For Paperwork Reduction Act Notice, see your tax return instructions.                     Cat. No. 10750J                  Form 8814 (2021) 

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Form 8814 (2021)                                                                                                                         Page 3
General Instructions                                                     If your child received qualified dividends or capital gain 
                                                                         distributions, you may pay up to $110 more tax if you make this 
Future Developments                                                      election instead of filing a separate tax return for the child. This is 
                                                                         because the tax rate on the child’s income between $1,100 and 
For the latest information about developments related to Form 8814       $2,200 is 10% if you make this election. However, if you file a 
and its instructions, such as legislation enacted after they were        separate return for the child, the tax rate may be as low as 0% (zero 
published, go to www.irs.gov/Form8814.                                   percent) because of the preferential tax rates for qualified dividends 
Purpose of Form                                                          and capital gain distributions. 
Use this form if you elect to report your child’s income on your         If any of the above apply to your child, first figure the tax on your 
return. If you do, your child will not have to file a return. You can    child’s income as if he or she is filing a return. Next, figure the tax as 
make this election if your child meets all of the following conditions.  if you are electing to report your child’s income on your return. 
                                                                         Then, compare the methods to determine which results in the lower 
• The child was under age 19 (or under age 24 if a full-time student)    tax.
at the end of 2021. “Student” is defined below.
                                                                         Alternative minimum tax. If your child received tax-exempt interest 
• The child’s only income was from interest and dividends, including     (or exempt-interest dividends paid by a regulated investment 
capital gain distributions and Alaska Permanent Fund dividends.          company) from certain private activity bonds, you must take this 
• The child’s gross income for 2021 was less than $11,000.               into account in determining if you owe the alternative minimum tax. 
• The child is required to file a 2021 return.                           This type of interest should be shown in box 9 of Form 1099-INT. 
                                                                         See Form 6251, Alternative Minimum Tax—Individuals, and its 
• The child does not file a joint return for 2021.                       instructions for details.
• There were no estimated tax payments for the child for 2021            Net Investment Income Tax. For purposes of figuring any Net 
(including any overpayment of tax from his or her 2020 return            Investment Income Tax liability of the parents on Form 8960, the 
applied to 2021 estimated tax).                                          following rules apply.
• There was no federal income tax withheld from the child’s income.      1. All income reported on line 12 is included in the parents’ 
  You must also qualify. See Parents who qualify to make the             modified adjusted gross income, and 
election below.                                                          2. All net investment income included on line 12 (except for 
Student. A student is a child who for some part of each of 5             Alaska Permanent Fund dividends) is included in the parents’ net 
calendar months during the year was enrolled as a full-time student      investment income.
at a school, or took a full-time, on-farm training course given by a     For more information on Net Investment Income Tax, go to 
school or a state, county, or local government agency. A school          www.irs.gov/NIIT.
includes a technical, trade, or mechanical school. It does not 
include an on-the-job training course, correspondence school, or         Investment interest expense. Your child’s income (other than 
school offering courses only through the Internet.                       qualified dividends, Alaska Permanent Fund dividends, and capital 
                                                                         gain distributions) that you report on your return is considered to be 
Certain January 1 birthdays. A child born on January 1, 2003, is         your investment income for purposes of figuring your investment 
considered to be age 19 at the end of 2021. You cannot make this         interest expense deduction. If your child received qualified 
election for such a child unless the child was a full-time student.      dividends, Alaska Permanent Fund dividends, or capital gain 
  A child born on January 1, 1998, is considered to be age 24 at the     distributions, see Pub. 550, Investment Income and Expenses, to 
end of 2021. You cannot make this election for such a child.             figure the amount you can treat as your investment income. 
How to make the election. To make the election, complete and             Foreign accounts and trusts. You must complete Schedule B 
attach Form(s) 8814 to your tax return and file your return by the       (Form 1040), Part III, and file it with your tax return if your child:
due date (including extensions). A separate Form 8814 must be filed      1. Had a foreign financial account, or
for each child whose income you choose to report. 
                                                                         2. Received a distribution from, or was the grantor of, or 
Parents who qualify to make the election. You qualify to make            transferor to, a foreign trust.
this election if you file Form 1040, 1040-SR, or 1040-NR and any of 
the following apply.                                                     Enter “Form 8814” on the dotted line next to line 7a or line 8, 
                                                                         whichever applies. Complete line 7b if applicable.
• You are filing a joint return for 2021 with the child’s other parent.
                                                                         Note: If you file Form 8814 with your income tax return to report 
• You and the child’s other parent were married to each other but file   your child’s foreign financial account, you have an interest in the 
separate returns for 2021 and you had the higher taxable income.         assets from that account and may be required to file Form 8938, 
• You were unmarried, treated as unmarried for federal income tax        Statement of Specified Foreign Financial Assets. See the Form 8938 
purposes, or separated from the child’s other parent by a divorce or     instructions for details.
separate maintenance decree. The child must have lived with you          Change of address. If your child filed a return for a previous year 
for most of the year (you were the custodial parent). If you were the    and the address shown on the last return filed is not your child’s 
custodial parent and you remarried, you can make the election on a       current address, be sure to notify the IRS, in writing, of the new 
joint return with your new spouse. But if you and your new spouse        address. To do this, use Form 8822, Change of Address. 
do not file a joint return, you qualify to make the election only if you 
had higher taxable income than your new spouse.                          Additional information. See Pub. 929, Tax Rules for Children and 
                                                                         Dependents, for more details. 
Note: If you and the child’s other parent were not married but lived 
together during the year with the child, you qualify to make the         Specific Instructions
election only if you are the parent with the higher taxable income.
Tax benefits you cannot take. If you elect to report your child’s        Name and social security number. If you are filing a joint return, 
income on your return, you cannot take certain deductions that your      enter both names but enter the social security number of the person 
child could take on his or her own return such as:                       whose name is shown first on the return.
• Additional standard deduction of $1,700 if the child is blind,         Line 1a. Enter all taxable interest income your child received in 
                                                                         2021. Do not include tax-exempt interest in the total for line 1a, but 
• Penalty on early withdrawal of child’s savings, and                    be sure to include it on line 1b.
• Itemized deductions such as the child’s charitable contributions. 

Form 8814 (2021)                                                                                                                    Page 4
If your child received, as a nominee, interest that actually belongs      Line 3. Enter the capital gain distributions your child received in 
to another person, enter the amount and “ND” (nominee                     2021. Capital gain distributions should be shown in box 2a of Form 
distribution) on the dotted line next to line 1a. Do not include          1099-DIV. 
amounts received as a nominee in the total for line 1a.                   If your child received, as a nominee, capital gain distributions that 
If your child had accrued interest that was paid to the seller of a       actually belong to another person, enter the amount and “ND” on 
bond, amortizable bond premium (ABP) allowed as a reduction to            the dotted line next to line 3. Do not include amounts received as a 
interest income, or if any original issue discount (OID) is less than the nominee in the total for line 3.
amount shown on your child’s Form 1099-OID, enter the                     Line 9. Include this amount on Form 1040, 1040-SR or 1040-NR, 
nontaxable amount on the dotted line next to line 1a and “Accrued         lines 3a and 3b. Enter “Form 8814” and this amount on the dotted 
interest,” “ABP adjustment,” or “OID adjustment,” whichever               line next to those lines unless you file Schedule B (Form 1040).
applies. Do not include any nontaxable amounts in the total for line 1a.
                                                                          If you file Schedule B, include this amount on line 5 and identify it 
Line 1b. If your child received any tax-exempt interest income, such      as from “Form 8814.” Complete Schedule B as instructed. Also 
as from certain state and municipal bonds, report it on line 1b. Tax-     include this amount on Form 1040, 1040-SR, or 1040-NR, line 3a.
exempt interest, including any exempt-interest dividends your child 
received as a shareholder in a mutual fund or other regulated             You must file Schedule B if this amount plus the parents’ 
investment company, should be shown in box 8 of Form 1099-INT.            dividends is more than $1,500.
Note: If line 1b includes tax-exempt interest or exempt-interest          Line 10. Include this amount on Schedule D (Form 1040), line 13; 
dividends paid by a regulated investment company from private             Form 1040, 1040-SR, or 1040-NR, line 7. Enter “Form 8814” and 
activity bonds, see Alternative minimum tax, earlier.                     this amount on the dotted line next to line 13 of Schedule D or in the 
                                                                          space to the left of line 7 of Form 1040, 1040-SR, or 1040-NR. 
Line 2a. Enter the ordinary dividends your child received in 2021. 
Ordinary dividends should be shown in box 1a of Form 1099-DIV.            If any of the child’s capital gain distributions were reported on 
Also include ordinary dividends your child received through a             Form 1099-DIV as unrecaptured section 1250 gain, section 1202 
partnership, an S corporation, or an estate or trust.                     gain, or collectibles (28%) gain, see Pub. 929 for details on the 
                                                                          amount to report on Schedule D. 
If your child received, as a nominee, ordinary dividends that 
actually belong to another person, enter the amount and “ND” on           Line 12. If you checked the box on line C, add the amounts from 
the dotted line next to line 2a. Do not include amounts received as a     line 12 of all your Forms 8814. Include the result on Schedule 1 
nominee in the total for line 2a.                                         (Form 1040), line 8z. Enter “Form 8814” and the total of the line 12 
                                                                          amounts in the space on that line.
Line 2b. Enter all qualified dividends your child received in 2021. 
Qualified dividends are the ordinary dividends that are eligible for      Line 15. If you checked the box on line C, add the amounts from 
the same lower tax rate as a net capital gain. Qualified dividends        line 15 of all your Forms 8814. Include the total on Form 1040, 
should be shown in box 1b of Form 1099-DIV.                               1040-SR, or 1040-NR, line 16. Be sure to check box  1on Form 
                                                                          1040, 1040-SR, or 1040-NR, line 16.