11 yr daughter with income

[JCH]

This is too complicated for you to handle on your own. Go to the IRS website, pull up Form 8615 and read the instructions. You'll see what I mean, and gladly pay a pro to prepare your return and your daughter's.

[TX Dad]

Yes. Hire a tax professional. You'll want either an Enrolled Agent or a CPA. You're going to end up saving yourself and your daughter some money in the long run.

Even if this is just a "one shot" deal? I really don't foresee any further work coming from this. It was purely a right time right place thing, and she's not trying to do this as a career.

[JCH]

Yes. Hire a tax professional. You'll want either an Enrolled Agent or a CPA. You're going to end up saving yourself and your daughter some money in the long run.

[TX Dad]

My 11yr daughter just "fell into" a voice-talent job, voicing a series of TV and radio commercials.Her payment for this will be between $5000-$10,000, which will promptly be deposited into her college fund :-)


I'm assuming that I will need to do a tax return next year for her?

In the meantime, I want to make sure I do things correctly. Do I need to file some sort of self-employment paperwork & taxes for her income?

Any ideas what I should be doing to make sure to keep the IRS stuff on the up-and-up?