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  • Re: If I paid my children (under 12) in cash for work related to my S-Corp, how do I enter it as an expense for my self employed income?
Hal_Al
Level 15 Hal_Al
Level 15
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Business & farm

Your S Corp must issue them a W-2.

See https://www.kitces.com/blog/tax-rules-hiring-children-family-business-flsa-tax-savings-standard-dedu...

‎May 22, 2021 4:58 AM
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