@Rosalyn2010
If you have a business that has an existing payroll then you can pay your kids under the age of 18 if they actually do some work at the business that you can pay them for and put the earnings into a ROTH ... this is a good tax planning idea. However you must issue a W-2 at the end of the year and keep good records of the work done & paychecks paid if you are ever audited.
Children under the age of 18 are exempt from FICA taxes and if you keep the income below the standard deduction it will be tax free for the feds ... check your state rules as they may differ.
