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Reply to "if your parents have an UTMA account for your kids..."
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[quote=Freeman]In most states, the custodian is required by law to provide the parents/child with the necessary information for tax purposes, so you can check your particular state to see if that is true or not. It is possible that it may not have occurred to him that taxes would be an issue for a minor child. I would approach him from the angle of making sure that the taxes are filed correctly and don't come back to haunt the child in the future. That way, you don't have to ask for anything beyond the necessary information required to file.[/quote]
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