My 5 year old did a small modeling job and got a 1099-NEC ($600) plus got a 1099-INT ($30). Do I need to file taxes for him?
01250
1 Replies
AmyC
Expert Alumni
Apr 9, 2025 4:18:28 PM
Yes. The 1099-NEC was for contract work so self employment tax should be paid on the amount over $400. The bank interest will be included on their return.