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Real estate sales agent paying kids
hello,
I am a real estate agent and dont have LLC, i get paid with 1099. My son helps me with my activities and i need to pay him for helping him. He is under 18 and I paid him less than standard deductions. Do i have to issue him 1099 or W2 or i can claim that deduction as expenses in my taxes. i heard kids dont need the forms (1099 or W2) if they are below 18 and paid less than standard deductions?
‎December 4, 2023
3:34 AM