@macuser_22 , thanks for confirming. Child is a household employee and doing chores for parent. Child will get paid for doing chores around the house. Payment will be from parents directly to the child. Sometimes in cash or direct deposited into the child's bank account. That is still considered earned income because its not a gift. Amount will be under the $6000 annual limit.
I wanted to confirm because brokerage firm said that parent's bank account can be linked or the child's bank account can be linked..........said either one is ok.
