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docjay1
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How do I report a $1000 cash prize won by my 6 year old son (art contest). Note: I did not receive any type of tax form (yet) but the sponsor did request his SS#.

My son has no additional income other than a small amount of savings account interest.

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How do I report a $1000 cash prize won by my 6 year old son (art contest). Note: I did not receive any type of tax form (yet) but the sponsor did request his SS#.

At $1000 of income he will have to pay SS tax on a 1099-MISC.

You'll have to prepare the return for him. 

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2 Replies

How do I report a $1000 cash prize won by my 6 year old son (art contest). Note: I did not receive any type of tax form (yet) but the sponsor did request his SS#.

At $1000 of income he will have to pay SS tax on a 1099-MISC.

You'll have to prepare the return for him. 

docjay1
New Member

How do I report a $1000 cash prize won by my 6 year old son (art contest). Note: I did not receive any type of tax form (yet) but the sponsor did request his SS#.

Can I file this 1099-MISC on my tax return (married, joint)?
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