Announcement

Collapse
No announcement yet.

Children Employed by Parent - Unincorp bsns

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Children Employed by Parent - Unincorp bsns

    Does the taxpayer need to claim the children as dependents on his tax return in order to take advantage of the benefits of hiring his children who are under the age of 18 in his unincorporated business? The taxpayer is divorced fron the children's mom.

    Thank you.

    #2
    To the best of my knowledge...

    ...it should not matter whether or not you claim the child as a dependent.
    Evan Appelman, EA

    Comment


      #3
      Originally posted by appelman View Post
      ...it should not matter whether or not you claim the child as a dependent.
      Agree... Dependency exemption is irrelevant.

      Comment

      Working...
      X