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1099 son who worked for family business on money he earned after turning 18?
1099-Misc? My son worked for my business last year (Sole Proprietorship) and turned 18 in October. I don’t know how to handle the income he made after he turned 18 because now I will consider him an independent contractor. The income before he turned 18 was $2740. The income he earned after 18 was $200. Do I need to issue a 1099 for the whole amount? If it is just the $200 (the amount he made after he turned 18) then I wouldn’t have to issue a 1099-misc because his income was under $600. Any advice on this?
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June 4, 2019
6:50 PM