Yes, your parent must claim the income.You do not need to supply any tax form. A parent is an exception to the household employee tax requirement (so called "nanny tax"). But the income IS taxable to your parent(s), particularly if you plan to claim the child and dependent care credit. You must use their SSNs and address as you indicated.
If it was done in your home, then your parent should follow the procedures below which eliminates the self employment tax:
- Click on Wages and Income
- Scroll down to Less Common Income
- On Miscellaneous Income, 1099-A, 1099-C click the start button
- On the next screen click the start button on Other Income not already reported on Form W-2 or Form 1099
- Answer Yes on the next screen and enter the amount under Household Employee Wages. Enter the full amount received
- Continue until you have finished this section.
It would be self employment if the care was done in their home.
If they meet the filing requirement, this income would be included. Use the link below to see if they are required to file and add half of the social security plus all other taxable income. Do I need to file a federal return this year?
@shahumang18
[Edited: 02/28/2024 | 7:51 AM PST]
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