From the IRS website
https://www.irs.gov/taxtopics/tc756
It says:
About W-2: If you must withhold and pay social security and Medicare taxes, or if you withhold federal income tax, you'll need to complete w2 for each employee.
About Schedule H: If you pay wages subject to FICA tax, FUTA tax, or if you withhold federal income tax from your employee's wages, you'll need to file a Scheudle H.
Since parents are exempt from FICA tax regardless of the $ amount, then no w-2 or schedule H needs to be filed.
Am I right?
