@ColeenD3 If a parent is paying their child cash, for doing household chores, as a "household employee" not "independent contractor", then the parent should NOT have to write a W2 or a 1099. It's cash deposited into the kid's savings account. That cash is considered earned income. And from your own turbo tax link, it states that earned income for dependents, and for single filers, only need to be reported if the earned income is greater than $12,400 a year. $6000 a year max limit is definitely lower than $12,400 a year.
Here is your own turbo tax link
turbotax.intuit.com/tax-tips/irs-tax-return/does-everyone-need-to-file-an-income-tax-return/L7pluHko...
I will copy it here
When a dependent (child or adult) may need to file a tax return
Taxpayers who are claimed as a dependent on someone's tax return are subject to different IRS filing requirements, regardless of whether they are children or adults. A tax return is necessary when their earned income is more than their standard deduction.
The standard deduction for single dependents who are under age 65 and not blind is the greater of:
- $1,100 in 2020
- Or the sum of $350 + the person's earned income, up to the standard deduction for an unclaimed single taxpayer which is $12,400 in 2020.
A dependent's income can be "unearned" when it comes from sources such as dividends and interest. When a dependent's unearned income is greater than $1,100 in 2020, the dependent must file a tax return.
