How to handle my 17 year old's $1500 babysitting income? Rules say a return isn't required yet I also see instructions to include sitting income as Self Employed Income
I'm confused about the apparent conflict between not having to file a return in the case of no Unearned Income and Earned Income below $12,000 and the treatment of babysitting income as Self Employed Income...
01542
1 Best answer
Bsch4477
Level 15
Jun 1, 2019 6:49:18 PM
She has a filing requirement since she earned more than $600 in self employment income. While she will owe no income tax she will have to pay self employment tax.
1 Replies
Bsch4477
Level 15
Jun 1, 2019 6:49:18 PM
She has a filing requirement since she earned more than $600 in self employment income. While she will owe no income tax she will have to pay self employment tax.