My wife is a realtor (first year / Sole Proprietor). We paid our 17 year old son as an independent contractor to perform tasks for the business, such as, performing social media marketing, advertising type things. Also, to prevent him from tax liability, we kept it under the standard deduction. Idea being that we can write off the corporate tax at no expense to my son, also he can have some type of verifiable income in case he seeks out a lender for credit after turning 18. How do I enter this into turbotax to reap the rewards?
