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Old Apr 21, 2014 | 2:32 pm
  #3986  
Stgermainparis
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Originally Posted by ericdabbs
If you want to use your kids < 18 to MS then go for it. If you don't care about why a 6 year old is pulling in $12K year then why should you worry.
Originally Posted by f0xx
And/or if you push it too hard, giving your <18 y/o a 1099K.

You know... Setting him up with Uncle Sam early.
Actually, my 14 year old will be mowing lawns during the summer and this seemed like a great way for the neighbors, who never have cash, to pay him. And he loses every check he gets. But yeah, I don't want to get him flagged. I guess I could have neighbors pay me this way and I cash out to him. I'd just like to make him more independent.
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