Blake, age 15,$15,$ is a dependent of his parents. During the year, he earned $2,150$2,150$ in interest from a savings account. He had no other income. Choose the response that correctly describes how this income should be reported if Blake does not file his own tax return.

 

 

a.)$.)$The income is not taxable or reportable.

b.)$.)$Blake should file Form 8615,$8615,$ Tax for Certain Children Who Have Unearned Income.

c.)$.)$Blake'" id="MathJax-Element-7-Frame" role="presentation" style="font-size: 121%; position: relative;" tabindex="0">'$\text{'}$s parents should report the income on Form 8814,$8814,$ Parents' Election to Report Child's Interest and Dividends.

d.)$.)$Blake'" id="MathJax-Element-10-Frame" role="presentation" style="font-size: 121%; position: relative;" tabindex="0">'$\text{'}$s parents should report the income as taxable interest directly on line 2$2$b of their Form 1040.$1040.$

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