Yes. The option that would be best is the Schedule C, for three reasons.
- Your son doing side work is considered self-employment (Forms 1099-NEC). It is nonemployee compensation and by design is considered self-employment regardless of the amount of work or money earned.
- There is no 'wiggle room' on Form 8615. Unearned income, which is not the case for your son, is going to be taxed at the parent's rate.
- Any expenses necessary to produce this income is allowed to be used to arrive at the net profit. Only the net profit will be subject to income tax and self-employment tax.
Self-employment has no special tax advantages that would eliminate reporting it as such at any age.
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