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You do not report this on your return. If this is the only amount of income that was received in their behalf, it will not be reported at all. It is not taxable. The only way it would be taxable is if they earn additional money and have to file their own tax return, and even then it probably is not taxable, either.
You do not report this on your return. If this is the only amount of income that was received in their behalf, it will not be reported at all. It is not taxable. The only way it would be taxable is if they earn additional money and have to file their own tax return, and even then it probably is not taxable, either.
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