Since the children are not working for the parent’s business, it is more domestic chores around the house, then it sounds like the child does NOT have to do any taxes and neither does the parent need to report paying her children for the domestic work done. And it will be a few thousand a year. The annual limit is $6,000 from what I understand. If it’s paid in cash or a deposit into the child’s Roth IRA, then what is the recommendation to log the work (if any?).
