UTMA withdrawals by the child are not taxable, however UTMA income is taxable to the child...
What exactly are you railing against? It sounds like the IRS is following the rules here.
What exactly are you railing against? It sounds like the IRS is following the rules here.
Zooming out though, I think Direct File or something like it is actually the right way to go. This would never have happened if the IRS just told me what it expected of me instead of playing this weird entrapment game where I was expected to tell them what they already know.