I have a clarification here. As I understand if the parent sole proprietorship pays the child under 18 less than the amount for child earned income tax (a little over 12k) then one doesn’t need to witholding any tax (federal or FICA or FUTA).
1. I understand that there no requirement to issue a W-2 in such a circumstance unless you need one for reconciliation with say a contribution to a Roth IRA (https://markjkohler.com/how-to-pay-your-kids-in-your-business/)
2. Does this also apply to states taxes / SUTA (Georgia)?
3. Does one need to file a 940/941 and corresponding states reports (G-7 and DOL-4 for GA) even if there are no witholding?
