Children Employed by Parent - Unincorp bsns

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  • duanecpa
    Senior Member
    • Dec 2008
    • 112

    #1

    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.
  • appelman
    Senior Member
    • Jan 2010
    • 1195

    #2
    To the best of my knowledge...

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

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    • gmack
      Junior Member
      • Dec 2010
      • 25

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

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