Thanks for your response. I forgot to mention that my parents are living with me. Does that make them household employees or can they still file a Schedule C like you suggested?
Also, based on the first article, do I need to issue a Form 1099-NEC since I paid $4,500? How do I do that? Or is it not necessary?
"This income is basically from self-employment, so families don’t have to issue a 1099 unless a babysitter earns $1,000 or more in a calendar quarter In this case, you might receive a Form 1099-NEC if you earned between $600 and $2,600 in 2023 or $2,700 in 2024."
